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Business, 13.03.2020 01:31 senituliii

Confection Bakery Supply began the year with an Accounts Receivable balance of $25,000. Net sales (all on account) for the year amounted to $100,000 and no cash discount was offered. During the year $70,000 was collected on accounts receivable. What is the accounts receivable turnover ratio

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Confection Bakery Supply began the year with an Accounts Receivable balance of $25,000. Net sales (a...
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