Current Attempt in Progress The following data are taken from the financial statements of Pharoah Company. 2025 2024 Accounts receivable (net), end of year $577,400 $ 607,500 Net sales on account 4,621,110 3,903,900 Terms for all sales are 1/10, n/45 (a) Your Answer Correct Answer Your answer is correct. Compute for each year the accounts receivable turnover. At the end of 2023, accounts receivable (net) was $575,500. (Round answers to 1 decimal place, e.g. 12.5.) Accounts receivable turnover eTextbook and Media Solution 2025 7.8 times 2024 6.6 times Attempts: 2 of 2 used