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Beverage International reports net credit sales for the year of $288,000....

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Accounting

Beverage International reports net credit sales for the year of $288,000. The company's accounts receivable balance at the beginning of the year equaled $32,000 and the balance at the end of the year equaled $42,000. What is Beverage International's receivables turnover ratio? (Round your answer to one decimal place.)

7.8

1.3

6.9

9.0

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