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Assume the following for a company whose sales are all on account: The total asset turnover is 1.8. The average total assets is $600,000 The

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Assume the following for a company whose sales are all on account: The total asset turnover is 1.8. The average total assets is $600,000 The accounts receivable turnover is 9.00 The average accounts receivable balance is closest to: Multiple Choice $87,037 $37032 $80,000 $120,000

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