Forman and Brasso Furniture Company had accounts receivable of $126,200 and net sales of $248,800. Compute the ratio of accounts receivable to net sales. (Round answer to two decimal places.)

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The Answer of Forman and Brasso Furniture Company had accounts receivable of $126,200 and net sales of $248,800. Compute the ratio of accounts receivable to net sales. (Round answer to two decimal places.)

Forman and Brasso Furniture Company Had Accounts Receivable of $126,200