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Accounts Receivable Turnover Ratio Calculation : Calculate the accounts receivable turnover ratio for a company with net credit sales of $900,000 and an average accounts

  1. Accounts Receivable Turnover Ratio Calculation: Calculate the accounts receivable turnover ratio for a company with net credit sales of $900,000 and an average accounts receivable balance of $150,000. What does this ratio indicate about the company's efficiency in collecting receivables?

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