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VESTOR BACK Question 4 The following data are taken from the financial statements of Colby Company. 2019 Accounts receivable (net), end of year Net sales

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VESTOR BACK Question 4 The following data are taken from the financial statements of Colby Company. 2019 Accounts receivable (net), end of year Net sales on account Terms for all sales are 1/10, n/45 2020 $590,000 4,086,000 $545,000 3,168,000 (al) Compute for each year the accounts receivable turnover. At the end of 2018, accounts receivable was $445,000. (Round answers to I decimal place, e.g. 1.6.) 2020 2019 Accounts receivable turnover times times Attempts: 0 of 1 used

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