A company had an accounts receivable turnover ratio of 15.0 and net sales of $727,500...

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Accounting

A company had an accounts receivable turnover ratio of 15.0 and net sales of $727,500 for a given period. What was the average amount of accounts receivables for this period?

$2,446.66

$48,500

$297.34

Cannot Be Determined

$10,912,500

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