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Excerpts from Tigner Corporation's Most Recent Balance Sheet Appear Below

Question 2

Multiple Choice

Excerpts from Tigner Corporation's most recent balance sheet appear below: Excerpts from Tigner Corporation's most recent balance sheet appear below: Sales on account in Year 2 amounted to $1,230 and the cost of goods sold was $820. -The accounts receivable turnover for Year 2 is closest to: A) 7.10 B) 0.91 C) 8.79 D) 1.10 Sales on account in Year 2 amounted to $1,230 and the cost of goods sold was $820.
-The accounts receivable turnover for Year 2 is closest to:


A) 7.10
B) 0.91
C) 8.79
D) 1.10

Correct Answer:

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