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Selected Data from the Financial Statements Are Provided Below

Question 121

Multiple Choice

Selected data from the financial statements are provided below:
Selected data from the financial statements are provided below: -Refer to Rainsoft Company. Assume that competitors in the industry have an average accounts receivable turnover ratio of 7.8 times in 2021. What is the company's accounts receivable turnover ratio for 2021? A) 5.26 B) 7.62 C) 7.80 D) 8.91
-Refer to Rainsoft Company. Assume that competitors in the industry have an average accounts receivable turnover ratio of 7.8 times in 2021. What is the company's accounts receivable turnover ratio for 2021?


A) 5.26
B) 7.62
C) 7.80
D) 8.91

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