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Marigold Corp. had net credit sales during the year of $1231200 and cost of goods...

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Accounting

Marigold Corp. had net credit sales during the year of $1231200 and cost of goods sold of $652000. The balance in accounts receivable at the beginning of the year was $99600 and at the end of the year was $204400. What was the accounts receivable turnover?

10.1

8.1

4.9

6.8

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