Multiple Choice
Accounts receivable on January 1 was $30,000 and,at the end of the year it was $50,000.Net credit sales were $160,000.Accounts receivable turnover is:
A) 2 times.
B) 4 times.
C) 5 times.
D) 6) 67 times.
Correct Answer:
Verified
Correct Answer:
Verified
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