Multiple Choice
Kessler, Inc. has accounts receivable of $31,600, total assets of $311,500, cost of goods sold of $208,400, and a capital intensity ratio of 1.08. What is the accounts receivables turnover rate?
A) 8.99
B) 9.13
C) 9.42
D) 9.61
E) 9.72
Correct Answer:
Verified
Correct Answer:
Verified
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