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Selected data from the financial statements of Rainsoft Company are provided below: Assume that competitors in the industry have an average accounts receivable turnover ratio
Selected data from the financial statements of Rainsoft Company are provided below: Assume that competitors in the industry have an average accounts receivable turnover ratio of 7.8 times in 2023. What is the company's accounts receivable turnover ratio for 2023 ? a. 5.26 b. 7.80 C. 7.62 d. 8.91
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