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12/31/2011 $32,000 Accounts receivable Accounts payable 47,000 Sales 218,800 12/31/2010 $ 39,000 36,000 128,000 2,300...

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Accounting

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12/31/2011 $32,000 Accounts receivable Accounts payable 47,000 Sales 218,800 12/31/2010 $ 39,000 36,000 128,000 2,300 16,000 1,000 9,000 4,000 Sales returns Retained earnings Dividends 47,000 Net income 5,000 36,000 1. Calculate the net profit margin and accounts receivable turnover for 2011. Round your answers to two decimal places 2011 Net Profit Margin Accounts Receivable Turnover 2. How much does Nash make on each sales dollar? Round your answer to two decimal places cents

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