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Company Baker has total sales of $367,450, of which, $63,475 represent cash sales. Its annual average accounts receivable balance is $54,500. What is its accounts
Company Baker has total sales of $367,450, of which, $63,475 represent cash sales. Its annual average accounts receivable balance is $54,500. What is its accounts receivable turnover in terms of days?
Select one:
a. 5 days
b. 65 days
c. 89 days
d. 96 days
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