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Find the accounts receivable

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Reference no: EM132462702

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

Net Credit Sales -                        $995,000 for 2018 and             $912,000 for 2019.

Accounts Receivable -                  $84,000 for 2018 and               $115,000 for 2019.

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

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

Reference no: EM132462702

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