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(Solved): Kingbird, Inc. Had Net Credit Sales Of $3834000 And Cost Of Goods Sold Of $3774000 For The Year. The...
Kingbird, Inc. had net credit sales of $3834000 and cost of goods sold of $3774000 for the year. The Accounts Receivable balances at the beginning and end of the year were $664000 and $756000, respectively. The accounts receivable turnover was 5.1 times. 5.3 times. 5.4 times. 5.8 times.
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