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  3. Study Set
    Financial Accounting
  4. Exam
    Exam 7: Introduction to Financial Statement Analysis
  5. Question
    The _____ Turnover Ratio Equals Sales Revenue Divided by Average
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The _____ Turnover Ratio Equals Sales Revenue Divided by Average

Question 17

Question 17

Multiple Choice

The _____ turnover ratio equals sales revenue divided by average accounts receivable during the period.


A) cash
B) accounts receivable
C) sales receipts
D) sales revenue
E) asset

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