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Based on the following data for the current year, what is the accounts receivable turnover?...

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Accounting

Based on the following data for the current year, what is the accounts receivable turnover?

Net sales on account during year $578,184
Cost of goods sold during year 184,042
Accounts receivable, beginning of year 42,431
Accounts receivable, end of year 49,324
Inventory, beginning of year 97,246
Inventory, end of year 106,804

Round your answer to one decimal place.

Select the correct answer.

A 3.1

B 13.6

C 12.6

D 5.4

Answer & Explanation Solved by verified expert
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