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If a company has a receivables turnover ratio of 10 and accounts receivable of $750,000, what is the company's level of sales on credit?
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May 5, 2023
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If a company has a receivables turnover ratio of 10 and accounts receivable of $750,000, what is the company's level of sales on credit?
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Felix Christy
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Answer: $7,500,000
Step-by-step explanation:
Joy Biswas
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May 11, 2023
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