Concord Corporation had net credit sales of $ 4508400 and cost of goods sold of $ 3512000

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Concord Corporation had net credit sales of $4508400 and cost of goods sold of $3512000 for the year. The Accounts Receivable balances at the beginning and end of the year were $616000 and $710000, respectively. The accounts receivable turnover was

7.4 times.

3.4 times.

6.8 times.

6.2 times.

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Fundamental Accounting Principles

ISBN: 9781260247985

25th Edition

Authors: John J Wild, Ken Shaw

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Posted Date: Feb 15, 2022 04:26 PM

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Concord Corporation had net credit sales of $ 4508400 and cost of goods sold of $ 3512000

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