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Pepperdine Reported Net Sales of $8,600 Million, Net Income of $126

Question 38

Multiple Choice

Pepperdine reported net sales of $8,600 million, net income of $126 million and average accounts receivable of $890 million. Its accounts receivable turnover is:


A) 7.1.
B) 9.7.
C) 68.3.
D) 51.7.
E) 37.8.

Correct Answer:

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