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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 $

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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 $ 38,400 $ 33, 150 Short-term investments 99,000 64,500 Accounts receivable, 90,000 84,000 net Merchandise inventory 125,500 129,500 Prepaid expenses 13, 880 10.600 Plant assets 392,500 342, 580 Accounts payable 188, 900 112, 300 Net sales 715,500 680.500 Cost of goods sold 394,588 379,580 Multiple Choice Prey 5.0 4618! Next > Multiple Choice 795, 8.22 O 7.23 8.52 5.70

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