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    Financial Accounting Study Set 30
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    Exam 6: Merchandising Operations and the Multistep Income Statement
  5. Question
    The Trade Receivable Turnover Ratio Is Computed by Dividing Net
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The Trade Receivable Turnover Ratio Is Computed by Dividing Net

Question 171

Question 171

True/False

The trade receivable turnover ratio is computed by dividing net sales by net trade receivables at the end of the year.

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