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Powers Company reported net sales of $1,380,000, average Accounts Receivable, net of $60,500, and net income of $58,675. The accounts receivable turnover ratio is:
Powers Company reported net sales of $1,380,000, average Accounts Receivable, net of $60,500, and net income of $58,675. The accounts receivable turnover ratio is: Multiple Choice 0.44 times. 21.8 times. 43.6 times. 22.8 times. 23.8 times.
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Managerial Accounting Creating Value in a Dynamic Business Environment
Authors: Ronald W. Hilton
9th edition
78110912, 978-0078110917
