Oak Corp. had sales during the year of $10,000,000 and an average accounts receivable of $2,000,000. Its
Question:
Oak Corp. had sales during the year of
$10,000,000 and an average accounts receivable of $2,000,000. Its accounts receivable turnover ratio is
a. 5 times.
b. 0.2 times.
c. 10 times.
d. none of the above.
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Related Book For 
Financial Accounting The Impact On Decision Makers
ISBN: 9780324655230
6th Edition
Authors: Gary A. Porter, Curtis L. Norton
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