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The following data are for Rocky Company. Accounts receivable, net Net sales. Current Year $ 153,800 881,105 1 Year Ago $ 138,900 930,600 (a)
The following data are for Rocky Company. Accounts receivable, net Net sales. Current Year $ 153,800 881,105 1 Year Ago $ 138,900 930,600 (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? Answer is not complete. Complete this question by entering your answers in the tabs below. Required A Required B Compute Rocky's accounts receivable turnover. Choose Numerator: Net sales Accounts Receivable Turnover Choose Denominator: Accounts Receivable Turnover Average accounts receivable, net Accounts receivable turnover 0 times
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