Selected data from Thornton Company follow:

Balance Sheets As of December 31
	2018				2017
Accounts receivable	$	410,000			$	370,000
Allowance for doubtful accounts		(20,500	)			(14,800	)
Net accounts receivable	$	389,500			$	355,200
Inventories, lower of cost or market	$	475,500			$	435,000

Income Statement For the Years Ended December 31
	2018				2017
Net credit sales	$	2,014,000			$	1,752,000
Net cash sales		418,000				306,000
Net sales		2,432,000				2,058,000
Cost of goods sold		1,596,000				1,436,000
Selling, general, and administrative expenses		239,500				214,700
Other expenses		39,400				23,400
Total operating expenses	$	1,874,900			$	1,674,100

Required

Compute the accounts receivable turnover for 2018.

Compute the inventory turnover for 2018.

Compute the net margin for 2017.

(For all requirements, round your answers to 2 decimal places.)