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Valdez Company Reported Sales of $345,000; Beginning Net Accounts Receivable

Question 120

Multiple Choice

Valdez Company reported sales of $345,000; beginning net Accounts Receivable of $87,000 and ending net Accounts Receivable of $108,000. Valdez Company's Accounts Receivable turnover is:


A) 1.77.
B) 3.97.
C) 3.54.
D) 3.19.

Correct Answer:

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