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The Accounts Receivable Turnover Ratio for a Merchandiser Is 9

Question 80

Multiple Choice

The accounts receivable turnover ratio for a merchandiser is 9.6 times.Calculate the days' sales in receivables for the merchandiser.(Round your answer to the nearest day. )


A) 34 days
B) 38 days
C) 29 days
D) 41 days

Correct Answer:

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