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    Financial Accounting Study Set 13
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    Exam 7: Reporting and Interpreting Cost of Goods Sold and Inventory
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    The Receivable Turnover Ratio Is Computed by Dividing Net Sales
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The Receivable Turnover Ratio Is Computed by Dividing Net Sales

Question 144

Question 144

True/False

The receivable turnover ratio is computed by dividing net sales by net trade receivables at the end of the year.

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