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SHEll Company reported the following data at the end of 2010:
Sales Revenue(75%on credit) =300000
Expenses(26% ON credit = 60,000
Accounts Receivable,Net at Dec31 2010(a decrease of 4000 during 2010) = 8000
Total Assests = 200000
Stockholder Equity = 5000
Problem 1: What was the accounts receivable turnover ratio?
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Liabilities as current or non-current unless it is considered more relevant and more reliable for decision-making purposes to present them according
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