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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.
201120102009 Net Sales $385,000$308,000$255,000 Accounts Receivable, net (year-end) 57,50054,00044,700\begin{array}{lrrr}&2011&2010&2009\\\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 2010 and 2011.

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2010: 308,000/((54,0...

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