Question
Bramble Store had a balance in the Accounts Receivable account of $710000 at the beginning of the year and a balance of $790000 at the
Bramble Store had a balance in the Accounts Receivable account of $710000 at the beginning of the year and a balance of $790000 at the end of the year. Net credit sales during the year amounted to $6600000. The accounts receivable turnover was
8.4 times.
9.3 times.
8.8 times.
4.4 times.
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Intermediate Accounting Volume 2
Authors: Thomas Beechy, Joan Conrod, Elizabeth Farrell, Ingrid McLeod-Dick
7th Edition
1259108023, 9781259108020
