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Powers Company reported net sales of $1,250,000, average Accounts Receivable, net of $73,500, and net income of $53,150. The accounts receivable turnover ratio is: Multiple
Powers Company reported net sales of $1,250,000, average Accounts Receivable, net of $73,500, and net income of $53,150. The accounts receivable turnover ratio is: Multiple Choice 0.59 times. 16.0 times. U 32.0 times O 17.0 times. 18.0 times
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