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If the average collection period is 60 days, what is the accounts receivable turnover? Select...

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Question

Accounting

If the average collection period is 60 days, what is the accounts receivable turnover?

Select one:

a. 6.1 times

b. 12.2 times

c. None of these

d. 6.0 times

Answer & Explanation Solved by verified expert
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