Exercise 9-13: Accounts receivable turnover L.O. A1

The following information is from the annual financial statements of Lucilla Company.


Net Sales

Accounts Receivable, net (year-end)






Compute its accounts receivable turnover for 2008 and 2009. (Round your answers to one decimal place.)

Year 2008 accounts receivable turnover :

Year 2009 accounts receivable turnover :

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