Branson, Inc. provides the following data: 2025 2024 Cash Accounts Receivable, Net Merchandise Inventory Property, Plant,...
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Branson, Inc. provides the following data: 2025 2024 Cash Accounts Receivable, Net Merchandise Inventory Property, Plant, and Equipment, Net $24,000 $26,000 132,000 120,000 52,000 24,000 127,000 93,000 For the year ending December 31, 2025: Net Sales Revenue $600,000 Cost of Goods Sold (100,000) Gross Profit $500,000 Calculate the accounts receivable turnover ratio 2025. A. 4.76 times B. 22 times OC. 3.97 times OD. 0.79 times Branson, Inc. provides the following data: 2025 2024 Cash Accounts Receivable, Net Merchandise Inventory Property, Plant, and Equipment, Net $24,000 $26,000 132,000 120,000 52,000 24,000 127,000 93,000 For the year ending December 31, 2025: Net Sales Revenue $600,000 Cost of Goods Sold (100,000) Gross Profit $500,000 Calculate the accounts receivable turnover ratio 2025. A. 4.76 times B. 22 times OC. 3.97 times OD. 0.79 times
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