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Posted on Jul 23, 2024

Given the following information, compute accounts receivable turnover: Gross sales $150,000 Accounts receivable, beginning of year $18,000 Sales 135,000 Accounts receivable, end of year 22,000

Given the following information, compute accounts receivable turnover:

Gross sales $150,000

Accounts receivable, beginning of year $18,000

Sales 135,000 Accounts receivable, end of year 22,000 6.75 6.13 7.50 6.82

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