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12) Net credit sales for Torro Corporation for 2020 were $600,000. Net accounts receivable at the beginning of the year were $125,000 and were $175,000
12) Net credit sales for Torro Corporation for 2020 were $600,000. Net accounts receivable at the beginning of the year were $125,000 and were $175,000 at the end of the year. What was the accounts receivable turnover?
a) 4.00
b) 4.80
c) 3.43
d) 0.25
e)None of the above
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