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Chuck Company Has a Beginning Accounts Receivable Balance of $65,000

Question 74

Multiple Choice

Chuck Company has a beginning Accounts Receivable balance of $65,000 and an ending balance of $60,000.Net credit sales are $250,000.The company's accounts receivable turnover ratio is:


A) 3.846.
B) 4.167.
C) 4.000.
D) None of the above.

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