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Financial Statements for Larkins Company Appear Below

Question 46

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Financial statements for Larkins Company appear below:
Financial statements for Larkins Company appear below: Dividends during Year 2 totaled $135 thousand, of which $12 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $150. -Lisa Inc.'s accounts receivable turnover for Year 2 was closest to: A) 4.9 B) 5.9 C) 6.7 D) 8.0
Financial statements for Larkins Company appear below: Dividends during Year 2 totaled $135 thousand, of which $12 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $150. -Lisa Inc.'s accounts receivable turnover for Year 2 was closest to: A) 4.9 B) 5.9 C) 6.7 D) 8.0
Dividends during Year 2 totaled $135 thousand, of which $12 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $150.


-Lisa Inc.'s accounts receivable turnover for Year 2 was closest to:


A) 4.9
B) 5.9
C) 6.7
D) 8.0

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