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sheila sheila
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9 months ago

Smay Corporation has provided the following data:

This YearLast Year
Accounts receivable$ 107,000$ 108,000
Inventory$ 179,000$ 187,000
Sales on account$ 654,000
Cost of goods sold$ 461,000

The accounts receivable turnover for this year is closest to:



▸ 1.01

▸ 0.99

▸ 6.08

▸ 6.11
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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birdnuggetbirdnugget
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sheila Author
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9 months ago
Helped a lot
taydav
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Yesterday
this is exactly what I needed
sweetalia
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2 hours ago
Thanks
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