The following information is from the annual financial statements of Raheem Company. Compute its accounts receivable turnover

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The following information is from the annual financial statements of Raheem Company. Compute its accounts receivable turnover for 2015 and 2016. Compare the two years' results and give a possible explanation for any change (competitors average a turnover of 11).

The following information is from the annual financial statements of
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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