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Swifty Corporation had accounts receivable of $112000 at 1/1. The only transactions affecting accounts receivable were sales of $908000 and cash collections of $859500. The

Swifty Corporation had accounts receivable of $112000 at 1/1. The only transactions affecting accounts receivable were sales of $908000 and cash collections of $859500. The accounts receivable turnover is 8.1. 6.3. 5.7. 6.7

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