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Question
goll clothing store had a balance in the accounts receivable account of $820,000 at the beginning of the year and a balance of $880,000 at the end of the year. net credit sales during the year amounted to $7,310,000. the receivables turnover ratio was
a.8.6 times
b.8.3 times
c.8.2 times
d.8.9 times
Answer
This answer is hidden. It contains 1 characters.
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