Homework Answers
Calculate account receivable turnover
| Choose numerator | / | Choose denominator | = | Account receivable turnover | |
| Net Sales | / | Average receivable | = | Account receivable turnover | |
| Year 2 | 426000 | / | 34050 | = | 12.51 Times |
| Year 3 | 495000 | / | 36800 | = | 13.45 Times |
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