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Business, 04.04.2020 02:58 mobslayer88

Dorchester Company had the following balances at the end of 2018 and 2019 respectively: Net Credit Sales - $925,000 for 2018 and $1,052,000 for 2019. Accounts Receivable - $96,000 for 2018 and $99,000 for 2019. Allowance for Doubtful Accounts - $6,000 for 2018 and 5,500 for 2019 Calculate the accounts receivable turnover ratio to one decimal place.

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