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The following data are for Rocky Company. Accounts receivable, net Net sales Current Year $ 157,400 1,061,105 1 Year Ago $ 142,500 1,110,600 (a)
The following data are for Rocky Company. Accounts receivable, net Net sales Current Year $ 157,400 1,061,105 1 Year Ago $ 142,500 1,110,600 (a) Compute Rocky's accounts receivable turnover. (b) If its competitor, Dixon, has an accounts receivable turnover of 10, which company appears to be doing a better job of managing its receivables? Complete this question by entering your answers in the tabs below. Required A Required B Compute Rocky's accounts receivable turnover. Accounts Receivable Turnover Choose Numerator: Choose Denominator: Accounts Receivable Turnover 1 Accounts receivable turnover 0 times < Required A Required B > Complete this question by entering your answers in the tabs below. Required A Required B If its competitor, Dixon, has an accounts receivable turnover of 10, which company appears to be doing a better job of managing its receivables? Which company appears to be doing a better job of managing its receivables? < Required A Required Dixon Rocky
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