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Brief Exercise 13-11 a1 a2 The following data are taken from the financial statements of Blossom Company. Accounts receivable (net), end of year Net sales

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Brief Exercise 13-11 a1 a2 The following data are taken from the financial statements of Blossom Company. Accounts receivable (net), end of year Net sales on account Terms for all sales are 1/10, 1/45 2020 $ 551,000 4,126,800 $ 535,000 4,349,200 Compute for each year the accounts receivable turnover. At the end of 2018, accounts receivable was $513,000, (Round answers to I decional place, c. 12.5.). 2020 2015 Accounts receivable turnover times times LINK TO TEXT Compute for each year the average collection period. (Round answers to I decimal place, .. 12.5. Use 365 days for calculation) 2020 2019 Average collection period days days Click if you would like to show Work for this question: Open Show Work LINK TO TEXT

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