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Selected data from Finch Company follow: Balance Sheets As of December 31 2018 Accounts receivable $396,000 Allowance for doubtful accounts (19,800) Net accounts receivable $376,200

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Selected data from Finch Company follow: Balance Sheets As of December 31 2018 Accounts receivable $396,000 Allowance for doubtful accounts (19,800) Net accounts receivable $376,200 Inventories, lower of cost or $482,500 market 2017 $374,000 (14,960) $359, 040 $438,000 Income Statement For the Years Ended December 31 2018 Net credit sales $2,007,000 Net cash sales 403,000 Net sales 2,410,000 Cost of goods sold 1,596,000 Selling, general, and administrative 239,700 expenses Other expenses 39,000 Total operating expenses $1,874,700 - 2017 $1,758,000 310,000 2,068,000 1,424,000 214,900 22,300 $1,661,200 Required a. Compute the accounts receivable turnover for 2018. b. Compute the inventory turnover for 2018. c. Compute the net margin for 2017. (For all requirements, round your answers to 2 decimal places.) times a. Accounts receivable turnover b. Inventory turnover c. Net margin times

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