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Efficiency ratio: Jet, Inc., has net sales of $712,478 and accounts receivables of $167,435. What are the firm's accounts receivables turnover and days's sales outstanding?

Efficiency ratio: Jet, Inc., has net sales of $712,478 and accounts receivables of $167,435. What are the firm's accounts receivables turnover and days's sales outstanding?

4.26 times; 85.7 days

0.24 times; 78.5 days

5.2 times; 61.3 days

None of these

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