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If Net Sales Total $50,000,beginning Accounts Receivable Was $10,000,and Ending

Question 43

Multiple Choice

If net sales total $50,000,beginning accounts receivable was $10,000,and ending accounts receivable is 16,000,what is the receivables turnover?

A) 1.9 times
B) 3.1 times
C) 3.8 times
D) 5 times

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