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Chuck Company Has a Beginning Accounts Receivable Balance of $85,000

Question 76

Multiple Choice

Chuck Company has a beginning Accounts Receivable balance of $85,000 and an ending balance of $50,000.Net credit sales are $300,000.The company's accounts receivable turnover ratio is:


A) 4) 444.
B) 4) 167.
C) 4) 000.
D) None of the above

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