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Accounts receivable Allowance for doubtful accounts Net accounts receivable 409,000 $372,000 (14,880) $388,550 $357,120 20,450)(14 nvenoriton, 1owor of cot or markot 0 432,000 Income Statement

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Accounts receivable Allowance for doubtful accounts Net accounts receivable 409,000 $372,000 (14,880) $388,550 $357,120 20,450)(14 nvenoriton, 1owor of cot or markot 0 432,000 Income Statement For the Years Ended December 31 2018 2017 Net credit sales Net cash sales Net sales Cost of goods sold Selling, general, and administrative expenses Other expenses 2,004,000 $1,752,000 414,000 2,418,000 1,608,000 240, 300 40,500 305,000 2,057,00o 1,420,000 214,900 23,200 $1,888,800 1,658,100 Total operating expenses Required s a. Compute the accounts receivable turnover for 2018 b. Compute the inventory turnover for 2018. c. Compute the net margin for 2017 For all requirements, round your answers to 2 decimal places.) a. Accounts receivable turnover b. Inventory turnover c. Net margin times times

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