The following balance sheet information was provided by O'Connor Company: Assets Year 2 Year 1 Cash $2,000
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The following balance sheet information was provided by O'Connor Company: Assets Year 2 Year 1 Cash $2,000 $1,000 Accounts receivable $7,000 $ 5,000 Inventory $20,000 $21,000 Assuming that net credit sales for Year 2 totaled $145,000, what is the company's most recent accounts receivable turnover?
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