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Selected data from Jordan Company follow Balance Sheets As of Deceber 31 Year 3 $407,000 (20, 350) $386,650 Year 2 Accounts receivable Allowance for doubtful

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Selected data from Jordan Company follow Balance Sheets As of Deceber 31 Year 3 $407,000 (20, 350) $386,650 Year 2 Accounts receivable Allowance for doubtful accounts $378,800 (15,120) Net accounts receivable $362,880 Inventories, lower of cost or market $481, see $442,0e0 Income Statement For the Years Ended December31 Year 2 Year 3 $1,756, e0e 301,000 Net credit sales $2,012,000 4es, ee0 Net cash sales 2,42e, eee 2,e57, 00e Net sales 1,438,e00 214,200 1,594,eee 24e, 100 39,60e Cost of goods sold Selling, general and administrative expenses Other expenses 31.675,0 $1,873,7ee Total operating expenses Required . Compute the accounts receivable turnover for Year 3 b. Compute the inventory turnover for Year 3 c. Compute the net margin for Year 2 (For all requlrements. round your enswers to 2 decimal pleces) mes Accouns recesoe unhblva man

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