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Current Attempt in Progress In 2022, Sheridan Company has net credit sales of $1,798,000 for the year. It had a beginning accounts receivable (net) balance
Current Attempt in Progress In 2022, Sheridan Company has net credit sales of $1,798,000 for the year. It had a beginning accounts receivable (net) balance of $108,000 and an ending accounts receivable (net) balance of $124,000. (a) Compute Sheridan Company's accounts receivable turnover. (Round answer to 1 decimal place, e.g. 12.5.) Accounts receivable turnover times eTextbook and Media List of Accounts Attempts: 0 of 3 used (b) The parts of this question must be completed in order. This part will be available when you complete the part above. Compute Sheridan Company's accounts receivable turnover. (Round answer to 1 decimal place, e.g. 12.5.) Accounts receivable turnover times eTextbook and Media Attempts: 1 of 3 used (b) Calculate Sheridan Company's average collection period in days. (Round answers to 1 decimal place, e.g. 12.5. Use 365 days for calculation.) Average collection period days eTextbook and Media
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