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Given the following information, compute accounts receivable turnover: Gross sales $150,000 Accounts...

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Accounting

Given the following information, compute accounts receivable turnover:

Gross sales $150,000 Accounts receivable, beginning of year $18,000
Sales 135,000 Accounts receivable, end of year 22,000

(A) 6.75

(B) 6.82

(C) 6.13

(D) 7.50

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