Multiple Choice
Financial statements for Orange Company appear below:
Dividends during Year 2 totaled $156 thousand, of which $18 thousand were preferred dividends.
The market price of a share of common stock on December 31, Year 2 was $100.
-Orange Company's accounts receivable turnover for Year 2 was closest to:
A) 15.7
B) 11.0
C) 17.7
D) 12.4
Correct Answer:

Verified
Correct Answer:
Verified
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