alaculate accts receivable turnover and average no. of days required to collect receivables.

View Policies Current Attempt in Progress (Accounts receivable turnover) The financial data for Vintage Furniture Inc. and Victoria Foodland Ltd. for the current year are as follows (amounts in thousands): Vintage Furniture Victoria Foodland Accounts Accounts Annual Sales Receivable Jan. 1 Receivable Dec. 31 $83,821 $6,880 $8,500 41,817 1,280 1,900 Calculate the accounts receivable turnover for each company assuming that all sales are on account. (Round answers to 1 decimal place, eg. 18.4.) Vintage Furniture Victoria Foodland Accounts receivable turnover times e Textbook and Media A MSTELVe 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, eg. 184.) Vintage Furniture Victoria Foodland Days to Collect days days e Textbook and Media Which company appears to be more efficient at handling its accounts receivable? appears to be more efficient at handling its accounts receivable. Vintage Furniture Victoria Foodland