Based on the following data, what is the accounts receivable turnover? Sales on account during year $498,968
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Based on the following data, what is the accounts receivable turnover?
Sales on account during year $498,968
Cost of goods sold during year 185,387
Accounts receivable, beginning of year 48,910
Accounts receivable, end of year 47,581
Inventory, beginning of year 97,003
Inventory, end of year 108,716
a. 10.3
b. 4.6
c. 2.7
d. 10.2r
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