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(Accounts receivable turnover) The financial data for Vintage Furniture Inc. and Victoria Foodland Ltd. for the current year are as follows (amounts in thousands): Accounts
(Accounts receivable turnover) The financial data for Vintage Furniture Inc. and Victoria Foodland Ltd. for the current year are as follows (amounts in thousands): Accounts Accounts Annual Sales Receivable Jan. 1 Receivable Dec. 31 $85,100 $6,800 $10,220 42,160 1,200 1,900 Vintage Furniture Victoria Foodland Calculate the accounts receivable turnover for each company assuming that all sales are on account. (Round answers to 1 decimal place, Vintage Furniture Victoria Foodland times times Accounts receivable turnover e Textbook and Media Calculate the average number of days required by each company to collect its receivables. (Round answers to 1 decimal place, e.g. 18.4.) Vintage Furniture Victoria Foodland days days Days to Collect
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