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The following information is from the annual financial statements of Raheem Company. Year 3 Year 2 Year 1 Net sales $ 354,000 $ 285,000 $

The following information is from the annual financial statements of Raheem Company. Year 3 Year 2 Year 1 Net sales $ 354,000 $ 285,000 $ 341,000 Accounts receivable, net (year-end) 39,500 37,300 34,000 Compute its accounts receivable turnover for Year 2 and Year 3.

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