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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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