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For the year ended December 31, 2017, the company had Net Sales of $438,000, Cost of Goods Sold totaling $350,400, with average accounts receivable for

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For the year ended December 31, 2017, the company had Net Sales of $438,000, Cost of Goods Sold totaling $350,400, with average accounts receivable for the year of $29,200 and average inventory for the year of $116,800. In addition, the accounts receivable at year end was $33,600 and the year end inventory amount was $110,400. Calculate the inventory turnover for 2017. Enter answer 12. For the year ended December 31, 2017, the company had Net Sales of $438,000, Cost of Goods Sold totaling $350,400, with average accounts receivable for the year of $29,200 and average inventory for the year of $116,800. In addition, the accounts receivable at year end was $33,600 and the year end inventory amount was $110,400. Calculate the accounts receivable turnover for 2017. Enter

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