Selected data from Emporia Company follow:

Balance Sheets As of December 31
	Year 3				Year 2
Accounts receivable	$	600,000			$	480,000
Allowance for doubtful accounts		(40,000	)			(20,000	)
Net accounts receivable	$	560,000			$	460,000
Inventories, lower of cost or market	$	500,000			$	400,000

Income Statement For the Years Ended December 31
	Year 3				Year 2
Net credit sales	$	2,400,000			$	1,950,000
Net cash sales		600,000				450,000
Net sales		3,000,000				2,400,000
Cost of goods sold		1,800,000				1,520,000
Selling, general, and administrative expenses		300,000				240,000
Other expenses		80,000				50,000
Total operating expenses	$	2,180,000			$	1,810,000

Required a. Compute the accounts receivable turnover for Year 3. b. Compute the inventory turnover for Year 3. c. Compute the net margin for Year 2.

a.	Accounts receivable turnover		times
b.	Inventory turnover		times
c.	Net margin