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Grandview Grinding, Inc. had net accounts receivable of $135,800 at the beginning of the year and $144,800 at the end of the year. If the
Grandview Grinding, Inc. had net accounts receivable of $135,800 at the beginning of the year and $144,800 at the end of the year. If the company's net sales revenue during the year was $1,753,750, what is the receivables turnover ratio? Multiple Choice 12.5 0.08 29.2 0.034
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