Assuming that Dream Furniture, Inc. has a Receivables Turnover ratio of 10 times per year, what is its average collection period? If its Bed, Inc.'s average collection period is 40 days, which firm is more effective? Multiple Choice O 0.027 times; Dream Furniture. 0.027 times; Comfy Bed. 36.5 days; Dream Furniture. 36.5 days; Comfy Bed.

Assuming that Dream Furniture, Inc, has a Receivables Turnover ratio of 10 times per year, what is its average collection period? If its Bed, Inc's average collection period is 40 days, which firm is more effective? Multiple Choice 0.027 times; Dream Furniture. 0.027 times; Comfy Bed. 36.5 days; Dream Fumiture. 36.5 days; Comfy Bed