Selected data from Rundle Company follow: Accounts receivable Allowance for doubtful accounts Net accounts receivable Inventories, lower of cost or market Net credit sales Net cash sales Balance Sheets As of December 31 Net sales Cost of goods sold Income Statement For the Years Ended December 31 Year 3 $ 2,006,000 409,000 2,415,000 1,596,000 240,100 39,600 $ 1,875,700 Selling, general, and administrative expenses Other expenses Total operating expenses a. Accounts receivable turnover b. Inventory turnover c. Net margin Year 3 $ 406,000 (20,300) $ 385,700 $ 482,000 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. Note: For all requirements, round your answers to 2 decimal places. times times % Year 2 $ 374,000 (14,960) $ 359,040 $ 432,000 Year 2 $ 1,753,000 313,000 2,066,000 1,426,000 215,900 22,900 $ 1,664,800

Selected data from Rundle Company follow: Required a. Compute the accounts recelvable turnover for Year 3 . b. Compute the inventory turnover for Year 3. c. Compute the net margin for Year 2. Note: For all requirements, round your answers to 2 decimal places