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Beverage International reports net credit sales for the year of $240,000. The company's accounts receivable balance at the beginning of the year equaled $20,000 and the balance at the end of the year equaled $30,000. What is Beverage International's receivables turnover ratio?A. 12.0.B. 9.6.C. 8.0.D. 1.5.
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Beverage International reports net credit sales for the year of $240,000. The company's accounts rec...
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