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Find what is the accounts receivable turnover for hudson

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Reference no: EM132745821

Problem 1: The financial statements of Hudson Manufacturing Company report net sales of $300,000 and accounts receivable of $50,000 and $30,000 at the beginning and end of the year, respectively. What is the accounts receivable turnover for Hudson?

Option 1: 3.8 times
Option 2: 7.5 times
Option 3: 10 times
Option 4: 6 times

Reference no: EM132745821

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