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In 2020, XYZ Company has net credit sales of $1,600,000 for the year and total net sales of $2,400,000. It had a beginning accounts receivable
In 2020, XYZ Company has net credit sales of $1,600,000 for the year and total net sales of $2,400,000. It had a beginning accounts receivable balance of $111,000 and an ending accounts receivable balance of $119,000. The balance in allowance for doubtful account was beginning $10,000 and ending $12,000. XYZ Companys accounts receivable turnover is Blank 1. Fill in the blank, read surrounding text.
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