Zucha corporation has an inventory period of 55 days an, Ask an Expert

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Zucha Corporation has an inventory period of 55 days, an accounts receivable (A/R) period of 6 days, and an accounts payable (A/P) period of 3 days. The company's annual sales is $182,795.

Answer following questions.

How many times per year does the company turn over its accounts receivable?

6.64 times
60.83 times
121.67 times
6.29 times
5.98 times

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91733654

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