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The financial statements of the Pina Colada Corp. reports net sales of $529250 and accounts receivable of $102000 and $43000 at the beginning of the
The financial statements of the Pina Colada Corp. reports net sales of $529250 and accounts receivable of $102000 and $43000 at the beginning of the year and end of year, respectively. What is the accounts receivable turnover for Pina Colada Corp.?
12.3 times
7.3 times
3.7 times
5.2 times
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