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44) 44) Refer to the following selected financial information from McCormik, LLC. Compute th company's accounts receivable turnover for Year 2. Year 1 Year 2

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44) 44) Refer to the following selected financial information from McCormik, LLC. Compute th company's accounts receivable turnover for Year 2. Year 1 Year 2 37,500 90,000 85,500 121,000 12,100 388,000 113,40 711,000 390,000 36,850 90,000 86,250 11 7,000 13,500 392,000 111.750 706,000 385,500 Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets Accounts payable Net sales Cost of goods sold E) 7.90 A) 5.78. B) 8.28. C) 8.94 D) 8.62. n a l 5 company's current ratio. 306,450 388,000 107,80 676,000 75,000 Current assets Plant assets Current Liabilities Net sales Net Income D) 3.60. E) 6.27 C) 2.84. B) 6.44. A) 1.44

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