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Ending accounts receivable from the prior period = $120,000. Ending accounts receivable for the current period = $80,000. Net credit sales for the period
Ending accounts receivable from the prior period = $120,000. Ending accounts receivable for the current period = $80,000. Net credit sales for the period = $285,000. Net income for the period was $102,000. What was the accounts receivable turnover for the current period? (Round to 2 decimal points)
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
4th edition
978-0073369709, 73369705, 78025370, 978-0077444846, 77444841, 978-0078025372
