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Frawner company had 140,000 in sales on account last year. The beginning accounts receivable balance was 12,000 and ending accounts receivable balance was 10,000. The
Frawner company had 140,000 in sales on account last year. The beginning accounts receivable balance was 12,000 and ending accounts receivable balance was 10,000. The companys accounts receivable turnover was closest to:
a) 11.67
b) 6.36
c) 14.00
d)12.73
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