At the beginning of the year, Dawnetta Fashions has total accounts receivable of $300,000. By the end of the year, Dawnetta reports total credit sales of $1,500,000 and total accounts receivable of $200,000. What is the receivables turnover ratio for Dawnetta Fashions? Kelly's Jewelry has the following transactions during the year, total jewelry sales = $720,000; sales discounts = $18,500; sales returns = $47.000; sales allowances - $27,000. In addition, at the end of the year the company estimates the following transactions associated with jewelry sales in the current year will occur next year sales discounts - $1,850; sales returns - $5,640; sales allowances - $3,600. Compute net sales Total sales Net sales