The following information is from the annual financial statements of raheem company. 2017 2016 2015 net sales $ 445,000 $ 376,000 $ 421,000 accounts receivable, net (year-end) 43,000 40,800 37,500 compute its accounts receivable turnover for 2016 and 2017.

9.60; 10.62

Explanation:

In 2016:

Average accounts receivables:

= (Beginning accounts receivable + Ending accounts receivable) ÷ 2

= (37,500 + 40,800) ÷ 2

= 39,150

Accounts receivable turnover = Net sales ÷ Average accounts receivables

                                                 = $376,000 ÷ 39,150

                                                 = 9.60

In 2017:

Average accounts receivables:

= (Beginning accounts receivable + Ending accounts receivable) ÷ 2

= (40,800 + 43,000) ÷ 2

= 41,900

Accounts receivable turnover = Net sales ÷ Average accounts receivables

                                                 = $445,000 ÷ 41,900

                                                 = 10.62

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.

answer the amount a seller is paid minus the cost of production;