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View Policies Current Attempt in Progress Culver Piping Company manufactures PVC pipe. The company has provided the following selected financial information: 2020 2021 Accounts
View Policies Current Attempt in Progress Culver Piping Company manufactures PVC pipe. The company has provided the following selected financial information: 2020 2021 Accounts receivable $89,000 $69,000 Inventory 109,000 89,000 Total current assets 239,000 269,000 Total assets 599,000 479,000 Current liabilities 59,000 49,000 Total liabilities 169,000 149,000 Net credit sales 319,000 379,200 Cost of goods sold 214,000 240,400 Net income 75,000 81,000 (a) What is Culver' accounts receivable turnover for 2021? (Round answer to 2 decimal places, e.g. 52.75.) Accounts receivable turnover times eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer
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