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if the receivables balance at 1/1/2019 is $80,000 and at 31/12/2019 is $70,000. if credit sales is $1,200,000. the average receivable turnover is a. 16

if the receivables balance at 1/1/2019 is $80,000 and at 31/12/2019 is $70,000. if credit sales is $1,200,000. the average receivable turnover is

a.

16 times

b.

15 times

c.

58.4 times

d.

17.14 times

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