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Business, 11.03.2020 05:46 emmaraeschool

Bria Clothing Store had a balance in the Accounts Receivable account of $920,000 at the beginning of the year and a balance of $980,000 at the end of the year. Net credit sales during the year amounted to $7,600,000. The receivables turnover ratio was

7.8 times.

8.3 times.

8.4 times.

8.0 times.

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Answers: 1

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