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  3. Study Set
    Fundamental Accounting Principles
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    Exam 8: Receivables
  5. Question
    TechCom Had Net Sales of $480,000 and Average Accounts Receivable
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TechCom Had Net Sales of $480,000 and Average Accounts Receivable

Question 36

Question 36

True/False

TechCom had net sales of $480,000 and average accounts receivable of $64,000. Its accounts receivable turnover was 7.5.

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