mework Saved Selected data from Rooney Company follow lance Sheets As of December 31 2018 2017 Accounts receivable Allowance for doubtful accounts Net accounts receivable Inventories, lower of cost or market $391,000 379,e09 $371,45e 363,8460 $437,00e 19.550) (15,160) $483,5e0 Income Statement For the Years Ended December 31 2018 2017 Net credit sales Net cash sales Net sales $2,000,000 $1,760,00 319,000 2,079,099 409,009 2,409,0e0 Cost of goods sold Selling, general, and administrative expenses Other expenses Total operating expenses 1,599,000 240,100 40,400 1,434,e00 215,700 22,300 $1,870,500 $1,672,000 Required K Prev 3of5 Next> $1,870,500 $1, Required a. Compute the accounts receivable turnover for 2018. b. Compute the inventory turnover for 2018. c. Compute the net margin for 2017 (For all requirements, round your answers to 2 decimal places.) a. Accounts receivable turnover times times C |Net margin K Prev 3 of 5 E Next