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Compute bismark companys receivables turnover

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Question

In 2017, Bismark Company has net credit sales of $1,600,000 for the year. It had a beginning accounts receivable (net) balance of $108,000 and an ending accounts receivable (net) balance of $120,000.

Compute Bismark Company's receivables turnover. (Round answers to 1 decimal place, e.g. 12.5.)

Reference no: EM132345227

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