Multiple Choice
enox Company had net credit sales during the year of $1300000 and cost of goods sold of $800000. The balance in accounts receivable at the beginning of the year was $185000 and the end of the year it was $140000. What was the accounts receivable turnover?
A) 4.9
B) 7.0
C) 8.0
D) 9.3
Correct Answer:
Verified
Correct Answer:
Verified
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