The following information is available for Patterson Company: 
The accounts receivable turnover for 2017 is
Definitions:
Pay Grades
A system of categorizing and paying employees based on their job title, experience, and responsibilities within an organization.
Pay Ranges
A structured scale that outlines the minimum, midpoint, and maximum salary for each position within an organization, facilitating fair and equitable pay.
Point Method
A quantitative technique used in job evaluation that involves assigning point values to various job components to determine the relative value of different jobs within an organization.
Disadvantages
Negative aspects or conditions that impede success or cause inefficiencies.
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