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The receivables turnover ratio is measured as: 1) Sales divided by accounts receivable. 2) Sales minus accounts receivable, divided by sales. 3) Sales plus accounts

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The receivables turnover ratio is measured as: 1) Sales divided by accounts receivable. 2) Sales minus accounts receivable, divided by sales. 3) Sales plus accounts receivable. 4) Accounts receivable times sales. 5) Accounts receivable divided by sales

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