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Calculate the Receivables Turnover given the following balances: Credit Sales = $125K Allowance for Uncollectible Accts = $15K Accounts Receivable, Beg. Balance = $40K Accounts

Calculate the Receivables Turnover given the following balances: Credit Sales = $125K Allowance for Uncollectible Accts = $15K Accounts Receivable, Beg. Balance = $40K Accounts Receivable, End Balance = $60K

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