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Total sales at a store are $1,000,000 and 80% of those sales are on credit. The beginning and ending accounts receivable balances are $100,000 and
Total sales at a store are $1,000,000 and 80% of those sales are on credit. The beginning and ending accounts receivable balances are $100,000 and $140,000 respectively. What is AR turnover?
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Accounting for Decision Making and Control
Authors: Jerold Zimmerman
9th edition
125956455X, 978-1259564550
