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Ratio Analysis Willow Corporation sells upscale lamps to boutiques across the country. The average net trade accounts receivable for Willow is $780,000. In addition,
Ratio Analysis Willow Corporation sells upscale lamps to boutiques across the country. The average net trade accounts receivable for Willow is $780,000. In addition, the company has average net sales of $8,425,000. Required: Calculate Willow's accounts receivable turnover. Round your answer to two decimal places.
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