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Sdved m #2 The accounting records of the Harris and Schubert Companies contained the following account balances: Accounts receivable $60,000 40,000 Sales $300,000 180,000 Harris

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Sdved m #2 The accounting records of the Harris and Schubert Companies contained the following account balances: Accounts receivable $60,000 40,000 Sales $300,000 180,000 Harris Schubert Which of the following statements is true? 0.26 Multiple Choice The accounts receivable for Schubert Company turns over 6 times each year The company with the higher accounts receivable turnover ratio will also have the longer average number of days to collect accounts receivable

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