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Tungsten Company, Inc.. sells heavy construction equipment. There are 11.000 shares of capital stock outstanding. The annual fiscal period ends on December 31. The following

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Tungsten Company, Inc.. sells heavy construction equipment. There are 11.000 shares of capital stock outstanding. The annual fiscal period ends on December 31. The following condensed trial balance was taken from the general ledger on December 31: 2014: gross proit and income irom operations). Ireat saies discounts and saies returns ana allowances as a contra-revenue. (Round "Earnings per share" to 2 decimal places.) 2. The beginning balance in Accounts Receivable (net) was $17,100. Compute the receivables turnover ratio

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