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A company began the year with an Accounts Receivable balance of $260,000, and had a year-end balance of $290000 Credt sales of $880,000 generated

A company began the year with an Accounts Receivable balance of $260,000, and had a year-end balance of $290000 Credt sales of $880,000 generated a gross profit of $130,000 Calculate the receivables turnover ratio for the year (Round your answer to 1 decimal plece) Recelvables tumover tatio times

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