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  3. solomon company reports the following in its most

Solomon Company reports the following in its most recent year of operations: Sales, $1,155,600 (all...

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Accounting

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Solomon Company reports the following in its most recent year of operations: Sales, $1,155,600 (all on account) Cost of goods sold, $639,200 Gross profit, $516,400 Accounts recelvable, beginning of year, $98,000 Accounts receivable, end of year, $118,000 Merchandise Inventory, beginning of year, $63,000 Merchandise Inventory, end of year, $73,000. . . Based on these balances, compute: a. The accounts receivable turnover. b. The inventory turnover. Complete this question entering your answers in the tabs below. Required a Required b The accounts receivable turnover. Accounts Receivable Turnover Choose Numerator Choose Denominator Accounts Receivable Turnover Required b > Complete this question entering your answers in the tabs below. Required a Required b The inventory turnover. Inventory Turnover Choose Denominator Choose Numerator Inventory Turnover

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