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    College Accounting Study Set 5
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    Exam 24: Analysis of Financial Statements
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    A Company Has Net Sales on Account of $1,750,000
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A Company Has Net Sales on Account of $1,750,000

Question 49

Question 49

Multiple Choice

A company has net sales on account of $1,750,000. Net accounts receivable at the beginning of the year are $147,000 and net accounts receivable at the end of the year are $153,000. The accounts receivable turnover is


A) 11.9.
B) 11.7.
C) 11.4.
D) 1.0.

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