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5. A company reported a receivables turnover ratio of 9.8. Cost of goods sold was $440,000 and net sales revenue was $764,400. The average net

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5. A company reported a receivables turnover ratio of 9.8. Cost of goods sold was $440,000 and net sales revenue was $764,400. The average net receivables must have been O $1/000 O $/8.000 O $58,500 O$156.000

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