2019 2020 Accounts receivable (net), end of year Net sales on account Terms for all sales are 1/10, n/45 $530,000 $480,000 4,090,500 3,085,500 Your answer is partially correct. Try again Compute for each year the accounts receivable turnover. At the end of 2018, accounts receivable was $455,000. (Round answers to 1 decimal place, e.g. 1.6.) 2020 2019 8.1 Accounts receivable turnover 6.1 times times LINK TO TEXT Your answer is partially correct. Try again Compute for each year the average collection period. At the end of 2018, accounts receivable was $455,000. (Use 365 days for calculation. Round answers to 1 decimal place,e.g. 1.6.) 2020 2019 45.1 Average collection period 59.8 days days