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Bonita Company had net credit sales during the year of $1480000 and cost of goods sold...

Bonita Company had net credit sales during the year of $1480000 and cost of goods sold of $860000. The balance in accounts receivable at the beginning of the year was $250000, and the end of the year it was $120000. What was the accounts receivable turnover?

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5.9
12.3
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