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A company had an accounts receivable turnover ratio of 15.0 and net sales of $727,500 for a given period. What was the average amount of
A company had an accounts receivable turnover ratio of 15.0 and net sales of $727,500 for a given period. What was the average amount of accounts receivables for this period?
$2,446.66
$48,500
$297.34
Cannot Be Determined
$10,912,500
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