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Whitefeather Co. reports the following information for the year: Net Credit Sales $120,000 Average Account Receivable $20,000 Cash Collections on Credit Sales $100,000 What is
Whitefeather Co. reports the following information for the year:
Net Credit Sales | $120,000 |
Average Account Receivable | $20,000 |
Cash Collections on Credit Sales | $100,000 |
What is the receivables turnover ratio?
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