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Exercise 9-16 Accounts receivable turnover LO A1 The following information is from the annual financial statements of Raheem Company Net sales Accounts receivable, net (year-end)

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Exercise 9-16 Accounts receivable turnover LO A1 The following information is from the annual financial statements of Raheem Company Net sales Accounts receivable, net (year-end) 2017 2016 2015 $348,000 $279,000 $ 339,000 20,800 18,600 15,300 2:21:59 Compute its accounts receivable turnover for 2016 and 2017 Accounts Receivable Turnover Choose Denominator rices Choose Numerator: Accounts Receivable Turnover Accounts receivable turnover times 1 2016: 2017: / times

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