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Compute accounts receivable turnover for raheem company

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Reference no: EM132953300

The following information is from the annual financial statements of Raheem Company.

                                                                   2017            2016        2015

Net sales                                          $355,000   $286,000     $328,000

Accounts receivable, net (year-end)         41,500       39,300        36,000

Problem 1: Compute its accounts receivable turnover for 2016 and 2017.

Reference no: EM132953300

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