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Crane Bramble Sales $24,200 $15,900 Allowance for doubtful accounts, Jan. 1 72.0 117 Allowance for doubtful accounts, Dec. 31 86.0 113 Accounts receivable balance
Crane Bramble Sales $24,200 $15,900 Allowance for doubtful accounts, Jan. 1 72.0 117 Allowance for doubtful accounts, Dec. 31 86.0 113 Accounts receivable balance (gross), Jan. 1 2,500.0 2,100 Accounts receivable balance (gross), Dec. 31 2,900.0 1,400 Calculate the accounts receivable turnover and average collection period for both companies. (Round answers to 1 decimal place, e.g 15.2. Use 365 days for calculation.) Crane Accounts receivable turnover Average collection period Bramble times times: days days
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