Average Accounts Receivable, Accounts Receivable Turnover Ratio, Accounts Receivable Turnover in Days Montalcino Company had net sales of $392,000. Montalcino had the following balances: Assume 365 days per year. 1. Calculate the average accounts receivable. $ 2. Calculate the accounts receivable turnover ratio. Round to one decimal place. times 3. Calculate the accounts receivable turnover in days. Round to one decimal place. days