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Based on the Following Data for the Current Year, What

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Based on the following data for the current year, what is the accounts receivable turnover? $500,000 Net sales on account churing year 300,000 Cost of merchandise sold during year 45,000 Accounts receivable, beginning of year 35,000 Accounts receivable, end of year 90,000 Inventory, beginning of year 110,000 Inventory, end of year \begin{array}{ll}\$ 500,000 & \text { Net sales on account churing year } \\300,000 & \text { Cost of merchandise sold during year } \\45,000 & \text { Accounts receivable, beginning of year } \\35,000 & \text { Accounts receivable, end of year } \\90,000 & \text { Inventory, beginning of year } \\110,000 & \text { Inventory, end of year }\end{array}


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