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The following data are for Rocky Company Accounts receivable, net Net sales Current Year $ 155,400 961,105 1 Year Ago $ 140,500 1,010,600 (a)
The following data are for Rocky Company Accounts receivable, net Net sales Current Year $ 155,400 961,105 1 Year Ago $ 140,500 1,010,600 (a) Compute Rocky's accounts receivable turnover. (b) If its competitor, Dixon, has an accounts receivable turnover of 8, 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: I Choose Denominator: Accounts Receivable Turnover / Accounts receivable turnover 1 = Required A times Required B >
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