Multiple Choice
Frawner Company had $140,000 in sales on account last year. The beginning accounts receivable balance was $12,000 and the ending accounts receivable balance was $10,000. The company's accounts receivable turnover was closest to:
A) 11.67
B) 6.36
C) 14.00
D) 12.73
Correct Answer:
Verified
Correct Answer:
Verified
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