Acompany had an accounts receivable turnover ratio of 100


Question - A company had an accounts receivable turnover ratio of 10.0 and net sales of $440,000 for a given period. What was the average amount of accounts receivables for this period?

$4,400,000

$3,613.33

$121.77

$44,000

Cannot Be Determined

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Accounting Basics: Acompany had an accounts receivable turnover ratio of 100
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