Question: Dorchester Company had the following balances at the end of 2018 and 2019 respectively:
Net Credit Sales - $995,000 for 2018 and $902,000 for 2019.
Accounts Receivable - $92,000 for 2018 and $95,000 for 2019.
Allowance for Doubtful Accounts - $4,000 for 2018 and 7,500 for 2019
Find the accounts receivable turnover ratio to one decimal place.
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