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Based on the Following Data, What Is the Accounts Receivable

question 154

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Based on the following data, what is the accounts receivable turnover?Sales on account during year$700,000Cost of goods sold during year270,000Accounts receivable, beginning of year45,000Accounts receivable, end of year35,000Inventory, beginning of year90,000Inventory, end of year110,000


Definitions:

Cephalocaudal

A principle of development describing the pattern in which growth occurs from the head downwards through the body.

Proximal-distal

A pattern of development or movement that starts from the center or core of the body and moves outwards to the extremities.

Preschooler

A child typically between the ages of 3 and 5 years old, who is in the developmental stage prior to entering kindergarten.

Bodily Harm

Physical injury, damage, or harm inflicted on a person's body by an external force or substance.

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