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The Treadwell Tire Company Had Net Accounts Receivable of $67,900

Question 176

Multiple Choice

The Treadwell Tire Company had net accounts receivable of $67,900 at the beginning of the year and $72,400 at the end of the year.If the company's net sales revenue during the year was $876,875,what is the receivables turnover ratio?


A) 12.5
B) 29.2
C) 0.08
D) 0.034

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