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The Following Balance Sheet Information Was Provided by O'Connor Company

Question 147

Multiple Choice

The following balance sheet information was provided by O'Connor Company: The following balance sheet information was provided by O'Connor Company: If net credit sales for Year 2 totaled $270,000, what is the company's most recent accounts receivable turnover? A) 18 times B) 20 times C) 22.5 times D) 7.7 times If net credit sales for Year 2 totaled $270,000, what is the company's most recent accounts receivable turnover?


A) 18 times
B) 20 times
C) 22.5 times
D) 7.7 times

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