Question: Please answer the attached question and show how calculation are done. 2017 $556,400 612,000 4,737,000 3,985,000 2016 Accounts receivable (net), end of year Net sales

Please answer the attached question and show how calculation are done. 2017Please answer the attached question and show how calculation are done.

2017 $556,400 612,000 4,737,000 3,985,000 2016 Accounts receivable (net), end of year Net sales on account Terms for all sales are 1/10, n/45 Compute for each year the accounts receivable turnover. At the end of 2015, accounts receivable was $536,500. (Round answers to 1 decimal place, e.g. 12.5.) 2017 2016 Accounts receivable tumover times

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