Selected data from Goode Company follow.

Balance Sheet Data

As of December 31

________________________________________________2019 2018

Accounts receivable................................................ $360,000............ $320,000

Allowance for doubtful accounts.................................. (30,000)............. (20,000)

Net accounts receivable............................................ $330,000............ $300,000

Inventories, lower of cost or market.............................. $225,000............ $250,000

Income Statement Data

Year Ended December 31

________________________________________________2019 2018

Net credit sales.................................................... $2,500,000.......... $1,800,000

Net cash sales.......................................................... 500,000............. 400,000

Net sales............................................................ $3,000,000......... $2,200,000

Cost of goods sold................................................. $1,750,000......... $1,300,000

Selling, general, and administrative expenses...................... 300,000............ 160,000

Other expenses.......................................................... 150,000............ 120,000

Total operating expenses.......................................... $2,200,000......... $1,580,000

Required

Compute the following and round computations to two decimal points.

a. The accounts receivable turnover for 2019.

b. The inventory turnover for 2019.

c. The net margin for 2018.