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Marigold Shop had a balance in the Accounts Receivable account of $790000 at the beginning of the year and a balance of $1010000 at the
Marigold Shop had a balance in the Accounts Receivable account of $790000 at the beginning of the year and a balance of $1010000 at the end of the year. Net credit sales during the year amounted to $8550000. The accounts receivable turnover was 9.5 times. 10.1 times. 8.5 times. 9.4 times.
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