Tildy Corporation reported total sales of $944,000 of which 30% are on credit; beginning net accounts receivable of $69,000; and ending net accounts receivable of $71,000. What is Tammy's accounts receivable turnover? If last year's accounts receivable turnover was 5, is there an improvement or deterioration? Indicate the reason for your answer.

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The Answer of Tildy Corporation reported total sales of $944,000 of which 30% are on credit; beginning net accounts receivable of $69,000; and ending net accounts receivable of $71,000. What is Tammy's accounts receivable turnover? If last year's accounts receivable turnover was 5, is there an improvement or deterioration? Indicate the reason for your answer.

Tildy Corporation Reported Total Sales of $944,000 of Which 30