The financial statements of Coronado Manufacturing Company report net sales of $516200 and accounts receivable of $76000 and $40000 at the beginning and end of the year, respectively. What is the accounts receivable turnover for Coronado? O 3.7 times O 6.8 times O 12.9 times 8.9 times

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
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The financial statements of Coronado Manufacturing Company report net sales of $516200 and accounts receivable of $76000 and
$40000 at the beginning and end of the year, respectively. What is the accounts receivable turnover for Coronado?
O 3,7 times
O 6.8 times
O 12.9 times
O 8.9 times
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Transcribed Image Text:The financial statements of Coronado Manufacturing Company report net sales of $516200 and accounts receivable of $76000 and $40000 at the beginning and end of the year, respectively. What is the accounts receivable turnover for Coronado? O 3,7 times O 6.8 times O 12.9 times O 8.9 times Save for Later Attempts: 0 of 1 used Submit Answer MacBook Air 15 F10 PC F1 & (a 23 $4 -A 8 1 3 4 R Y Q E K F G A S C V optio command MOSISO option command ntrol .. .-
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