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Refer to the following information related to four companies: Company Net Credit Sales Average Accounts Receivable Company A $1,000,000 $300,000 Company B $700,000 $250,000 Company
Refer to the following information related to four companies:
Company Net Credit Sales Average Accounts Receivable
Company A $1,000,000 $300,000
Company B $700,000 $250,000
Company C $500,000 $100,000
Company D $1,500,000 $400,000
The company with the least desirable accounts receivable turnover is:
Select one:
a. Company C
b. Company B
c. Company A
d. Company D
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