Question: Multiple Choice Question 133 Multiple Choice Question 133 The opening balance of Accounts Receivable for Bonita Industries was $26500. Net sales (all on account) for

Multiple Choice Question 133 Multiple Choice Question 133 The opening balance of Accounts Receivable for Bonita Industries was $26500. Net sales (all on account) for the year amounted to $198000. The Company doesn't offer any cash discount. During the year $178000 was collected on accounts receivable. Compute accounts receivable turnover for the year 5.4 times O 4.8 times O 7.5 times O 4.3 times Click if you would like to Show Work for this question: Open Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Question Attempts: 0 of 1 used

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