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Question
winsor clothing store had a balance in the accounts receivable account of $760,000 at the beginning of the year and a balance of $840,000 at the end of the year. net credit sales during the year amounted to $6,800,000. the receivables turnover ratio was
a.8.0 times
b.8.3 times
c.8.5 times
d.7.9 times
Answer
This answer is hidden. It contains 1 characters.
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