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8. A firms reports annual sales of $2,250,000, and average collection period is 45 days, its accounts receivable turnover is A. 3 times B. 5
8. A firms reports annual sales of $2,250,000, and average collection period is 45 days, its
accounts receivable turnover is
A. 3 times
B. 5 times
C. 8 times
D. none of the above; the correct answer is ___
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