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Piper, Inc. had net sales of $2,700,000 during 2016. On January 1, 2016, Pipers accounts receivable were $640,000. On December 31, 2016, Pipers accounts receivable
Piper, Inc. had net sales of $2,700,000 during 2016. On January 1, 2016, Pipers accounts receivable were $640,000. On December 31, 2016, Pipers accounts receivable were $800,000. What was Pipers accounts receivable turnover for 2016? Select one: A. 4.22 B. 3.75 C. 7.30 D. 2.38
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