Multiple Choice
It takes the Jolly Jumbuck Asian Trading Company 32 days to collect its accounts receivable.Sales for the year are $650 000.What is the accounts receivable turnover ratio?
A) 11.23
B) 11.41
C) 11.78
D) 12.23
E) 12.55
Correct Answer:
Verified
Correct Answer:
Verified
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