Accounts Receivable Turnover Hawkeye recorded sales of $240,000 for the year. Accounts receivable amounted to $40,000 at

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Accounts Receivable Turnover Hawkeye recorded sales of $240,000 for the year. Accounts receivable amounted to

$40,000 at the beginning of the year and $20,000 at the end of the year. Compute the company’s accounts receivable turnover for the year.

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