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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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