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Ratios: Accounts Receivable (AR) Turnover
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Ratios: Accounts Receivable (AR) Turnover
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14. Financial Statement Analysis / Ratios: Accounts Receivable (AR) Turnover / Problem 2
Problem 2
If a company has net credit sales of \$200,000 and an average accounts receivable balance of \$40,000, what is the accounts receivable turnover ratio?
A
8
B
5
C
6
D
4
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