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    College Accounting
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    Exam 22: Analyzing Financial Statements
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    With a Beginning Accounts Receivable Balance of $20,000,an Ending Balance
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With a Beginning Accounts Receivable Balance of $20,000,an Ending Balance

Question 107

Question 107

Multiple Choice

With a beginning Accounts Receivable balance of $20,000,an ending balance of $26,000,and net credit sales of $408,000,compute accounts receivable turnover ratio.


A) 0.05
B) 20.4
C) 17.7
D) 68

Correct Answer:

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