Grandview Grinding,Inc

question 182

Multiple Choice

Grandview Grinding,Inc.had net accounts receivable of $135,800 at the beginning of the year and $144,800 at the end of the year.If the company's net sales revenue during the year was $1,753,750,what is the receivables turnover ratio?

• A)12.5
• B)29.2
• C)0.08
• D)0.034

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