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samualson samualson
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5 years ago
Jeter Industries has an accounts receivable turnover ratio of 4.5. If Jeter has an accounts receivable balance of $100,000, what is Jeter's average daily credit sales?
A) $745.23
B) $1,232.88
C) $22,222.22
D) $1,893.45
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DeanaRayDeanaRay
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5 years ago
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samualson Author
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#2
5 years ago
White Heavy Checkmark Correct!
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