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Determine the dorchester company balances

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Question 1: Dorchester Company had the following balances at the end of 2018 and 2019 respectively:

Net Credit Sales -                       $855,000 for 2018 and $962,000 for 2019.

Accounts Receivable -                 $88,000 for 2018 and $111,000 for 2019.

Allowance for Doubtful Accounts - $6,000 for 2018 and 5,500 for 2019

Problem 1: Calculate the accounts receivable turnover ratio to one decimal place.

Reference no: EM132462626

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