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Refer to the following selected financial Information from McCormik, LLC. Compute the company's accounts receivable turnover for Year 2. Cash Short-term Investments Accounts receivable, net

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Refer to the following selected financial Information from McCormik, LLC. Compute the company's accounts receivable turnover for Year 2. Cash Short-term Investments Accounts receivable, net Merchandise Inventory Prepaid expenses Plant assets Accounts payable Net sales Cost of goods sold Year 2 $ 38,700 102,000 91,500 127.000 13,300 394.000 107,400 717,000 396,000 Year 1 $ 33,450 66,000 85,500 131,000 10,900 344,000 113,800 682,000 381,000 O 7.84 O 5.65 08.10 O 703 8.39

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