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The Following Information Is from the Annual Financial Statements of Duke

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The following information is from the annual financial statements of Duke Company.
201420132012 Net sales $385,000$308,000$255,000Accounts receivable, net (year-end) 57,50054,00044,700\begin{array}{llr} &2014&2013&2012\\ \text { Net sales } &\$385,000&\$308,000&\$255,000\\ \text {Accounts receivable, net (year-end) } &57,500&54,000&44,700\end{array}

The following information is from the annual financial statements of Duke Company. \begin{array}{llr} &2014&2013&2012\\ \text { Net sales } &\$385,000&\$308,000&\$255,000\\ \text {Accounts receivable, net (year-end) } &57,500&54,000&44,700 \end{array} Calculate the accounts receivable turnover ratio for 2013 and 2014.
Calculate the accounts receivable turnover ratio for 2013 and 2014.

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2013: 308,000/((54,0...

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