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Blue Spruce Corp. had a balance in the Accounts Receivable account of $808000 at the...

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Accounting

Blue Spruce Corp. had a balance in the Accounts Receivable account of $808000 at the beginning of the year and a balance of $901000 at the end of the year. Net credit sales during the year amounted to $8046000. The accounts receivable turnover was

8.9 times.

9.7 times.

9.4 times.

10.0 times.

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