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Compute the accounts receivable turnover

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Question - Bramble Store had a balance in the Accounts Receivable account of $730000 at the beginning of the year and a balance of $870000 at the end of the year. Net credit sales during the year amounted to $6320000. Compute the accounts receivable turnover?

a. 7.5 times.

b. 8.7 times.

c. 7.9 times.

d. 4.0 times.

Reference no: EM132535640

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