Compute the accounts receivable turnover


company a reported sales during the year of $1,000,000. its average accounts receivable balance during the year was $250,000. company B reported sales during the same year of $400,000 and has an average receivable balance of $40,000. compute the accounts receivable turnover for both companies

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Accounting Basics: Compute the accounts receivable turnover
Reference No:- TGS080210

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