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Rick's Cars Had a Beginning Account Receivables Balance of $320,000

Question 20

Multiple Choice

Rick's Cars had a beginning account receivables balance of $320,000.The ending account receivables balance was $280,000.Net credit sales for the company were $4,200,000.The accounts receivable turnover for Rick's Cars is:


A) 12.92.
B) 14.
C) 13.44.
D) None of the above is correct.

Correct Answer:

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