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Allance Software began 2024 with accounts recelvable of $119,000. All sales are made on credit. Sales and cash collections from customers for the year were

Allance Software began 2024 with accounts recelvable of $119,000. All sales are made on credit. Sales and cash collections from customers for the year were $784,000 and $704,000, respectively. Cost of goods sold for the year was $454.000. What was Alliance's receivables tumover ratio (rounded) for 2024? Multiple Choice 493 659 287 3.94

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