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Refer to the following selected financial information from McCormik, LLC. Compute the company's accounts receivable turnover for Year 2. Year 2 Year 1 Cash $

Refer to the following selected financial information from McCormik, LLC. Compute the company's accounts receivable turnover for Year 2.

Year 2 Year 1
Cash $ 37,900 $ 32,650
Short-term investments 94,000 62,000
Accounts receivable, net 87,500 81,500
Merchandise inventory 123,000 127,000
Prepaid expenses 12,500 10,100
Plant assets 390,000 340,000
Accounts payable 111,400 109,800
Net sales 713,000 678,000
Cost of goods sold 392,000 377,000

8.75.

8.44.

5.80.

8.15.

7.59.

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