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Excerpts from Huckabee Company's December 31, 2024 and 2023, financial statements are presented below: Accounts receivable Merchandise inventory Net sales Cost of goods sold 2024
Excerpts from Huckabee Company's December 31, 2024 and 2023, financial statements are presented below: Accounts receivable Merchandise inventory Net sales Cost of goods sold 2024 $ 84,000 62,000 404,000 244,000 2023 $ 76,000 76,000 376,000 224,000 Huckabee's 2024 receivables turnover (rounded to 2 decimal places) is:
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