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Sheridan Company had net credit sales during the year of $1360000 and cost of goods sold of $860000. The balance in accounts receivable at the
Sheridan Company had net credit sales during the year of $1360000 and cost of goods sold of $860000. The balance in accounts receivable at the beginning of the year was $220000, and the end of the year it was $100000. What was the accounts receivable turnover? 5.4 6.2 8.5 13.6
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