A company had net sales of $660,000, total sales of $810,000, and an average accounts receivable of $78,000. Its accounts receivable turnover equals:

Blue Air Inc., has net sales of $735,000 and  accounts receivables of $164,000. What are the firm's accounts receivables  turnover? Round to two decimal places.

Twist Corp. has a current accounts receivable balance of $438,726. Credit sales for the year just ended were $3,830,500. What is the receivables turnover?

The following information relates to a company’s accounts receivable: gross accounts receivable balance at the beginning of the year, $350,000; allowance for uncollectible accounts at the beginning of the year, $24,000 (credit balance); credit sales during the year, $1,200,000; accounts receivable written off during the year, $15,000; cash collections from customers, $1,100,000. Assuming the company estimates that future bad debts will equal 12% of the year-end balance in accounts receivable.1. Calculate bad debt expense for the year.2. Calculate the year-end balance in the allowance for uncollectible accounts.