Grandview Grinding, Inc. had net accounts receivable of $135,800 at the beginning of the year and $144,800 at the end of the year. If the company's net sales revenue during the year was $1,753,750, what is the receivables turnover ratio
Crane Company sells office equipment on July 31, 2022, for $21,850 cash. The office equipment originally cost $77,730 and as of January 1, 2022, had accumulated depreciation of $39,740. Depreciation for the first 7 months of 2022 is $4,030.