Question: A company reports the following information for the year: Net credit sales Average accounts receivable Cash collections on credit sales. What is the company's

A company reports the following information for the year: Net credit sales

A company reports the following information for the year: Net credit sales Average accounts receivable Cash collections on credit sales. What is the company's receivables turnover ratio? (Round your answer to 1 decimal place.) Multiple Choice 8.5. 7.5 O 01. $110,000 13,000 97,000 16.5.

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