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Casper's Cookie Company reports net credit sales of $450,000 and net accounts receivable of $52,000 at beginning of year and net accounts receivable of $56,000
Casper's Cookie Company reports net credit sales of $450,000 and net accounts receivable of $52,000 at beginning of year and net accounts receivable of $56,000 at the end of the year. Part 1(5 points) Calculate the accounts receivable turnover for Casper's Cookie Company. show your work and round to 1 decimal: = X.X Part 115.points) Calculate the average collection period for accounts receivable in days. show your work and round to whole days = X days
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