CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Brief Exercise 13-11 The following data are taken from the financial statements of Crane Company 2016 Accounts receivable (net), end of year Net sales on account Terms for all sales are 1/10, 1/45 2017 $588,800 4,968,000 $ 598,500 4,156,000 Compute for each year the accounts recevable turnover. At the end of 2015, accounts receivable was $542,000. (Round answers to I decimal place, ed. 12.5.) 2017 Accounts receivable turnover Compute for each year the average collection period. (Round answers to 1 decim ce.0 12.5. Use 365 days for calculation.) Average collection period