A company reports the following information for the year: Net credit sales $ 120,000 Average accounts receivable 20,000 Cash collections on credit sales 100,000 What is the company's receivables turnover ratio?
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Home » Business » A company reports the following information for the year: Net credit sales $ 120,000 Average accounts receivable 20,000 Cash collections on credit sales 100,000 What is the company's receivables turnover ratio?