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With a Beginning Accounts Receivable Balance of $30,000,an Ending Balance

Question 51

Multiple Choice

With a beginning Accounts Receivable balance of $30,000,an ending balance of $46,000,and net credit sales of $480,000,compute accounts receivable turnover ratio.


A) 0) 08
B) 12.63
C) 16.0
D) 10.43

Correct Answer:

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