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Beverage International reports net credit sales for the year of $552,000. The company's accounts receivable balance at the beginning of the year equaled $39.000 and
Beverage International reports net credit sales for the year of $552,000. The company's accounts receivable balance at the beginning of the year equaled $39.000 and the balance at the end of the year equaled $49,000. What is Beverage International's receivables turnover ratio? (Round your answer to 1 decimal place.) Multiple Choice 142 11.3 13 125 6
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Intermediate Accounting Volume 1
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy
12th Canadian edition
978-1119496496
