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help!! please!! Selected data from Franklin Company follow. Balance Sheets As of December 31 Accounts receivable Allowance for doubtful accounts Net accounts receivable Inventories, lower

help!! please!!
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Selected data from Franklin Company follow. Balance Sheets As of December 31 Accounts receivable Allowance for doubtful accounts Net accounts receivable Inventories, lower of cost or market Year 3 $403,000 (20,150) $382,850 $483,000 Year 2 $371,000 (14,840) $356,160 $444,000 28:58 Income Statement For the Years Ended December 31 Year 3 $2,005,000 404,000 2,409,000 1,608,000 239,800 39,700 $1,887,500 Year 2 $1,752,000 311,000 2,063,000 1,438,000 215, 100 23,600 $1,676,700 Net credit sales Net cash sales Net sales Cost of goods sold Selling, general, and administrative expenses Other expenses Total operating expenses Required a. Compute the accounts receivable turnover for Year 3. b. Compute the inventory turnover for Year 3. c. Compute the net margin for Year 2 (For all requirements, round your answers to 2 decimal places.) times a Accounts receivable turnover b. Inventory turnover c. Net margin times %

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