Saud's company has net sales of $650,000 and average accounts receivable of $25,000. What is its account receivable turnover? a. 20.18 b. 30.41 c. 26 d. 12
Saud's company has net sales of $650,000 and average accounts receivable of $25,000. What is its account receivable turnover? a. 20.18 b. 30.41 c. 26 d. 12
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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What is its
Transcribed Image Text:Saud's company has net sales of $650,000 and average
accounts receivable of $25,000. What is its account
receivable turnover?
a. 20.18
b. 30.41
c. 26
d. 12
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