Question: Please answer question #23, SHOWING ALL WORK ACCORDINGLY ON ALL PARTS. Thank you! The following data are taken from the financial statements of Cullumber Company,

Please answer question #23, SHOWING ALL WORK ACCORDINGLY ON ALL PARTS. Thank you!

The following data are taken from the financial statements of Cullumber Company, 2022 2021 Accounts receivable (net), end of year $ 560,400 $564,000 Net sales on account 4,623,000 4,016,000 Terms for all sales are 1/10,n/45 (a) Compute for each year the accounts receivable turnover. At the end of 2020, accounts receivable was $572,000. (Round answers to 1 decimal place, e.g. 12.5.) 2022 2021 Accounts receivable turnover times times

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