DJ Company’s net accounts receivable were P250,000 as of December 31, 2019, and P300,000 as of December 31, 2020. Net cash sales for 2020 were P100,000. The accounts receivable turnover for 2020 was 5.00. What were DJ’s total net sales for 2020? A. P1,500,000 B. P1,475,000 C. P1,400,000 D. P1,375,000

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