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TB MC Qu, 20.78 (Algo) The accounts recelvable turnover ratio: The Harrison Bicycle Company The Harrison Elcycle Campary had the folbwing operating results for 2021-2022

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TB MC Qu, 20.78 (Algo) The accounts recelvable turnover ratio: The Harrison Bicycle Company The Harrison Elcycle Campary had the folbwing operating results for 2021-2022 in Addaion, the company paid dividends in boen 2021 and 20222 of 5270.000 per year and made cegital empenditures in both years of $230,000 per yeac. The companys stock price in 2021 was $14.20 and $1250 in 2022. Also in 2022, the industry average earnings multiple for the bicycle industry wos 8 and the tree cash flow and sales mutples were 16 and 135 . respectivey. The company is publicly owned and has 1800,000 shares of outstanding stock at the end of 2022 . Total Debt and Equaty 52,527, ed The occounts receivable turnover ratio for 2022 is (rounded) The accounts recelvable turnover ratio for 2022 is frounded) Nutbie Choice 110 133 135 147 124

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