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Calculate the accounts receivable turnover ratio

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Question - Dorchester Company had the following balances at the end of 2018 and 2019 respectively: Net Credit Sales - $960,000 for 2018 and $902,000 for 2019.

Accounts Receivable - $88,000 for 2018 and $111,000 for 2019. Allowance for Doubtful Accounts - $4,000 for 2018 and 5,500 for 2019.

Calculate the accounts receivable turnover ratio to one decimal place.

Reference no: EM132484556

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