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Suppose the financial statements of 3M Company report net sales of $17.0 billion. Accounts receivable...

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Accounting

Suppose the financial statements of 3M Company report net sales of $17.0 billion. Accounts receivable (net) are $2.4 billion at the beginning of the year and $2.6 billion at the end of the year. Compute 3Ms accounts receivable turnover. (Round answers to 1 decimal place, e.g. 12.5.)

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