Powers Company reported Net sales of $1,200,000 and average Accounts Receivable, net of $78,500. The accounts receivable
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Powers Company reported Net sales of $1,200,000 and average Accounts Receivable, net of $78,500. The accounts receivable turnover ratio is: 0.65 times. 14.3 times. 28.6 times. 15.3 times. 16.3 times.
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