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Assume an organization has total current assets of $200,000, total current liabilities of $75,000, inventories of $50,000, prepaid expenses of $25,000, net sales of $770,000, and beginning accounts receivable of $42,000 and ending accounts receivable of $44,000. What is the accounts receivable turnover for this organization.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9418352

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