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Business, 05.03.2020 02:58 shhells

Lasiter Corp. reported net credit sales of $2,000,000 and cost of goods sold of $1,400,000 for 2014. On January 1, 2014, accounts receivable was $250,000. Amounts owed by customers increased by $20,000 during 2014. Rounding to two decimal places, what is Lassiter's accounts receivable turnover rate for 2014

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Lasiter Corp. reported net credit sales of $2,000,000 and cost of goods sold of $1,400,000 for 2014....
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