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Microsoft began 2024 with accounts receivable of $129,000 All sales are made on credit Sales and cash collections from customers for the year were $794.000

image text in transcribed Microsoft began 2024 with accounts receivable of $129,000 All sales are made on credit Sales and cash collections from customers for the year were $794.000 and $714,000, respectively Cost of goods sold for the year was $464,000. What was Microsoft's receivables turnover ratio Bounded for 2024 Multi Chan 0 O 300 470 201

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