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Frantic Company had $130,000 in sales on account l...

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Frantic Company had $130,000 in sales on account last year. The beginning accounts receivable balance was $10,000 and the ending accounts receivable balance was $16,000. The company's accounts receivable turnover was closest to: 5.00 times. 13.00 times. 10.00 times. 8.13 times.

 

Paper#9311 | Written in 18-Jul-2015

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