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Time: 07:46 PM / Remaining: 49 min. CALCULATOR Question 12 The following information pertains to Nash's Trading Post, LLC. Assume that all balance sheet amounts

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Time: 07:46 PM / Remaining: 49 min. CALCULATOR Question 12 The following information pertains to Nash's Trading Post, LLC. Assume that all balance sheet amounts represent both average and ending balance figures. Assume th sales were on credit Assets Cash and short-term investments Accounts receivable (net) Inventory Property, plant and equipment Total Assets Liabilities and Stockholders' Equity Current liabilities Long-term bites Stockholders' equity-common Total e s and Stockholders' Equity $ 45000 25000 20000 210000 $300000 $ 50000 80000 170000 $300000 Income Statement Sales revenue Cost of goods sold Grom prome Operating expenses $105000 65000 $ 15000 Number of shares of common stock Marance of common stock Dividends per Share on como Mock Cash Time: 07:46 PM / Remaining: 48 min. Long-term liabilities Stockholders' equity-common Total Liabilities and Stockholders' Equity 80000 170000 $300000 Income Statement Sales revenue Cost of goods sold Gross profit Operating expenses Net income $ 105000 65000 40000 25000 $ 15000 Number of shares of common stock Market price of common stock Dividends per share on common stock Cash provided by operations 5000 $15 by Study $30000 What is the accounts receivable turnover for this company? 5 times 4.2 times 9 times 2.6 times Click if you would like to Show Work for this question: Open Show Work

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