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Financial Accounting Final - Part 3 of 4!
SAMPLE
This is a sample practice set. In order to have a more personalized exam prep experience:
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14. Financial Statement Analysis / Ratios: Accounts Receivable (AR) Turnover / Problem 15
Problem 15

A company reports net credit sales of \$1,000,000 and an average accounts receivable balance of \$250,000. What is the accounts receivable turnover ratio?