View the step-by-step solution to:


Dorchester Company had the following balances at the end of 2018 and 2019 respectively:

Net Credit Sales -

$855,000 for 2018 and $1,002,000 for 2019.

Accounts Receivable - $84,000 for 2018 and $111,000 for 2019.

Allowance for Doubtful Accounts - $6,000 for 2018 and 7,500 for 2019

Calculate the accounts receivable turnover ratio to one decimal place.

Top Answer

Sign up to view the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question