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Business, 06.01.2022 14:00 cxmochaa

The following data are for Rocky Company. Current Year / 1 Year Ago
Accounts receivable, net $ 153,400. / $ 138,500
Net sales 861,105. / 910,600

(a) Compute Rocky’s accounts receivable turnover.
(b) If its competitor, Dixon, has an accounts receivable turnover of 7.5, which company appears to be doing a better job of managing its receivables?


The following data are for Rocky Company.

Current Year / 1 Year Ago
Accounts receivable, net $ 15
The following data are for Rocky Company.

Current Year / 1 Year Ago
Accounts receivable, net $ 15

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Answers: 1

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The following data are for Rocky Company. Current Year / 1 Year Ago
Accounts receivable, net...
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