Using the following data for the current year, determine the accounts receivable turnover. Net sales on...
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Using the following data for the current year, determine the accounts receivable turnover. Net sales on account during the year Cost of merchandise sold during the year Accounts receivable, beginning of year Accounts receivable, end of year Inventory, beginning of year inventory, end of year $ 457,065 461,280 75,290 26,280 185,000 169,570 Select one: a. 7 b. 8 C. 10 d. 9 Using the following data for the current year, determine the accounts receivable turnover. Net sales on account during the year Cost of merchandise sold during the year Accounts receivable, beginning of year Accounts receivable, end of year Inventory, beginning of year inventory, end of year $ 457,065 461,280 75,290 26,280 185,000 169,570 Select one: a. 7 b. 8 C. 10 d. 9
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