Gold clothing store had a balance


Gold Clothing Store had a balance in the Accounts Receivable account of $820,000 at the beginning of the year and a balance of $880,000 at the end of the year. Net credit sales during the year amounted to $7,650,000. The receivables turnover ratio was?

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Accounting Basics: Gold clothing store had a balance
Reference No:- TGS0717550

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