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A company has a receivables turnover of 10 times. The average receivables during the period are $500,000. What is the amount of net credit sales

A company has a receivables turnover of 10 times. The average receivables during the period are $500,000. What is the amount of net credit sales for the period?

$50,000

Cannot be determined from the information given

$5,000,000

$500,000

Please show math

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