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Norwood Co. reported a receivables turnover ratio of 9.2. Cost of goods sold was $410.000 and net sales revenue was $662.400. The average net receivables

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Norwood Co. reported a receivables turnover ratio of 9.2. Cost of goods sold was $410.000 and net sales revenue was $662.400. The average net receivables must have been Multiple Choice $72,000 $144,000 $54.000 $108,000

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