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The following information is from the annual financial statements of Raheem Company. Net sales Accounts receivable, net (year-end) 2017 $297,000 32,500 2016 2015 $228,000 $
The following information is from the annual financial statements of Raheem Company. Net sales Accounts receivable, net (year-end) 2017 $297,000 32,500 2016 2015 $228,000 $ 270,000 30,300 27,000 Compute its accounts receivable turnover for 2016 and 2017. Accounts Receivable Turnover Choose Denominator: Choose Numerator: 1 Accounts Receivable Turnover Accounts receivable turnover 1 2016: 1 - times 2017: 1 - times
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