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What was Maggies Accounts Receivable Turnover

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Question - Maggie's Farm Inc. had Credit Sales of $500,000 during the year. The beginning of the year balance in Net Accounts Receivable was $100,000 and the end of the year balance was $200,000. What was Maggie's Accounts Receivable Turnover for the year (rounded to the nearest decimal)?

Reference no: EM132698397

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