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MC Qu. 8-174 Norwood Co. reported a receivables turnover... Norwood Co. reported a receivables turnover ratio of 8.4. Cost of goods sold was $370,000 and

MC Qu. 8-174 Norwood Co. reported a receivables turnover... Norwood Co. reported a receivables turnover ratio of 8.4. Cost of goods sold was $370,000 and net sales revenue was $537,600. The average net receivables must have been Multiple Choice 148.000 $64,000 O $2.000 $128.000

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