The financial statements of the Nelson Manufacturing Company reports net sales of $360,000 and accounts receivable of $50,000 and $30,000 at the beginning of the year and end of year, respectively. What is the accounts receivable turnover for Nelson?
A)4.5 times
B)7.2 times
C)12.0 times
D)9.0 times

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The Answer of The financial statements of the Nelson Manufacturing Company reports net sales of $360,000 and accounts receivable of $50,000 and $30,000 at the beginning of the year and end of year, respectively. What is the accounts receivable turnover for Nelson?
A)4.5 times
B)7.2 times
C)12.0 times
D)9.0 times

The Financial Statements of the Nelson Manufacturing Company Reports Net