If Baxter Unlimited has annual sales of $5,000,000 (80% on credit), and receivables equal to 35% of credit sales, what is their receivables turnover?
A)3.6 times
B)2.9 times
C)2.3 times
D)4.2 times

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The Answer of If Baxter Unlimited has annual sales of $5,000,000 (80% on credit), and receivables equal to 35% of credit sales, what is their receivables turnover?
A)3.6 times
B)2.9 times
C)2.3 times
D)4.2 times

If Baxter Unlimited Has Annual Sales of $5,000,000 (80% on Credit)