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The financial statements of Andreo Manufacturing Inc.report credit sales of $600,000 and accounts receivable of $60,000 and $40,000 at the beginning of the year and end of the year, respectively.
-What is the receivables turnover ratio for Bolero?
A)7.5 times
B)11.25 times
C)12.0 times
D)22.5 times

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Use the following information for questions 
The financial statements of Andreo Manufacturing Inc.report credit sales of $600,000 and accounts receivable of $60,000 and $40,000 at the beginning of the year and end of the year, respectively.
-What is the receivables turnover ratio for Bolero?
A)7.5 times
B)11.25 times
C)12.0 times
D)22.5 times

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The Answer of Use the following information for questions 
The financial statements of Andreo Manufacturing Inc.report credit sales of $600,000 and accounts receivable of $60,000 and $40,000 at the beginning of the year and end of the year, respectively.
-What is the receivables turnover ratio for Bolero?
A)7.5 times
B)11.25 times
C)12.0 times
D)22.5 times

Use the Following Information for Questions