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    Fundamental Accounting Principles Study Set 1
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    Exam 9: Accounting for Receivables
  5. Question
    Flax Had Net Sales of $7,875 and Its Average Accounts
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Flax Had Net Sales of $7,875 and Its Average Accounts

Question 165

Question 165

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Flax had net sales of $7,875 and its average accounts receivables is $1,250. Calculate Flax's accounts receivable turnover:

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Accounts Receivable Turnover =...

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