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Began, Inc. has net sales of $1,200,000 and average accounts receivable of $400,000. What is begun's accounts receivable turnover for the period? a. 0.25 b. 6.00 c. 24.0 d. 3.0

Began, Inc. has net sales of $1,200,000 and average accounts receivable of $400,000. What is begun's accounts receivable turnover for the period? a. 0.25 b. 6.00 c. 24.0 d. 3.0

Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 14BEA: Last year, Nikkola Company had net sales of 2.299.500,000 and cost of goods sold of 1,755,000,000....
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Began, Inc. has net sales of $1,200,000 and average accounts receivable of $400,000. What is begun's accounts receivable turnover for the period? a. 0.25 b. 6.00 c. 24.0 d. 3.0
Transcribed Image Text:Began, Inc. has net sales of $1,200,000 and average accounts receivable of $400,000. What is begun's accounts receivable turnover for the period? a. 0.25 b. 6.00 c. 24.0 d. 3.0
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