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RKS Inc.'s accounting records reported: Accounts Receivable Allowance for Doubtful Accounts Credit Sales for the year Bad Debt Expense January 1 December 31 $360,000 $475,000
RKS Inc.'s accounting records reported: Accounts Receivable Allowance for Doubtful Accounts Credit Sales for the year Bad Debt Expense January 1 December 31 $360,000 $475,000 $18,000 $25,000 $2,500,000 2% of credit sales What was the accounts receivable turnover? Multiple Choice O 5.26. 5.56. 5.99 6.31. 6.94
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