Question: Using the following select financial statement information from Black Water Industries, compute the accounts receivable turnover ratios for 2018 and 2019 (round answers to two

Using the following select financial statement information from Black Water Industries, compute the accounts receivable turnover ratios for 2018 and 2019 (round answers to two decimal places). Next, E3. compute the number of days' sales in receivables ratios for 2018 and 2019 (round answers to two decimal places). \begin{tabular}{|r|r|r|r|} \hline \multicolumn{2}{|c|}{ Accounts Receivable Turnover } & \multicolumn{2}{|c|}{ Number of Days' Sales in Receivables } \\ \hline Formula: & & Formula: & \\ \hline 2018 & & 2018 & \\ \hline 2019 & & 2019 & \\ \hline \end{tabular}
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