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Selected financial statement numbers for Frederick Company are given below: Sales $277,480 Cost of goods sold 179,155 Average accounts receivable 20,730 Average inventory 4,145 Average

Selected financial statement numbers for Frederick Company are given below: Sales $277,480 Cost of goods sold 179,155 Average accounts receivable 20,730 Average inventory 4,145 Average property, plant, and equipment 75,705 Using the information above, calculate Frederick's accounts receivable turnover (round to two decimal places). 66.94 13.39 8.64 3.67

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