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At December 31, 2021, Kingbird Co. reported the following information on its balance sheet. During 2022, the company had the following transactions related to receivables.
At December 31, 2021, Kingbird Co. reported the following information on its balance sheet. During 2022, the company had the following transactions related to receivables. Compute the accounts receivable turnover and average collection period for 2022. (Round accounts receivable turnover to 2 decimal places, e.g. 25.25 and average collection period to 1 decimal place, e.g. 25.2.) Accounts receivable turnover ratio Average collection period times days
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