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Refer to the following selected financial information from Texas Electronics 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 Texas Electronics 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 Year 1 $ 39,200 $ 33,950 107,000 68,500 94,000 88,000 129,500 133,500 13,800 11,400 396,500 346,500 104,900 116,300 719,500 684,500 398,509 383,500

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