Dorchester Company had the following balances at the end of 2018 and 2019 respectively:

Net Credit Sales - $935,000 for 2018 and $1,032,000 for 2019.

Accounts Receivable - $100,000 for 2018 and $95,000 for 2019.

Allowance for Doubtful Accounts - $6,000 for 2018 and 5,500 for 2019

Calculate the accounts receivable turnover ratio to one decimal place.

HINT: To calculate Average A/R, you need to subtract the balances in the Allowance for Uncollectible accounts from the A/R balances, to get averageNet A/R. Then, calculate A/R turnover as you have learned.