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The following information is from the annual financial statements of Raheem Company. Net sales Accounts receivable, net (year-end) 2017 $360,000 34,100 2016 $291,000 31,900 2015

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The following information is from the annual financial statements of Raheem Company. Net sales Accounts receivable, net (year-end) 2017 $360,000 34,100 2016 $291,000 31,900 2015 $331,000 28,600 Compute its accounts receivable turnover for 2016 and 2017. Accounts Receivable Turnover Choose Denominator: Choose Numerator: I = Accounts Receivable Turnover Accounts receivable turnover times 2016: 2017: times

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