(Solved by Humans)-Acc291, problem Broadening Your Perspective 8-1, it is online
Question
Acc291, problem?Broadening Your Perspective 8-1, it is online with correct answers, but show me the work, how this number was calculated please?
Calculate the accounts receivable turnover and average collection period for 2011. (Use ?Net Product Sales.? Assume all sales were credit sales.)?(Round answers to 1 decimal place, e.g. 15.2.)| Accounts receivable turnover | 13.3 | times |
| Average collection period | 27.4 | days |
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