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Accounts Receivable Turnover Ratio Calculation: Requirements: Calculate the accounts receivable turnover ratio using the following information: Net Credit Sales: $400,000 Average Accounts Receivable: $60,000

Accounts Receivable Turnover Ratio Calculation:

Requirements: Calculate the accounts receivable turnover ratio using the following information:
- Net Credit Sales: $400,000
- Average Accounts Receivable: $60,000

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