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Streyna Company reported net sales of $95,000 for the current year. Accounts Receivable at the beginning of the year was $11,000 and $9,000 at the end of year. The accounts receivable turnover is closest to:
Corporation's Bylaws
The written rules for conduct of a corporation, detailing the rights and obligations of the directors, officers, and shareholders.
Perpetrate A Fraud
The act of intentionally deceiving someone or a group in order to gain an unfair or illegal advantage, often financial.
Personally Liable
A legal term referring to an individual's responsibility to settle a debt or legal judgment from their personal assets.
Corporate Bonds
Debt securities issued by corporations to finance their operations, which typically pay periodic interest payments and return the principal at maturity.
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