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essence of skunk fragrances, Ltd., sells 7900 units of its perfume collection each year at a price per unit of $385. all sales are on

essence of skunk fragrances, Ltd., sells 7900 units of its perfume collection each year at a price per unit of $385. all sales are on credit with terms of 1/10, net 40. the discount is taken by 65 percent of the customers.
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S20-07 Size of Accounts Receivable [LO1] Essence of Skunk Fragrances, Ltd, sells 7,900 units of its perfume collection each year at a price per unit of $385. All sales are on credit with terms of 1/10, net 40. The discount is taken by 65 percent of the customers. Calculate the average collection period. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) Average collection perloddays What is the receivables turnover? (Use 365 days a year. Do not round intermediate calculations and round your answer to 4 decimal places, e.g. 32.1616.) Receivables tumover times What is the amount of the company's average receivable? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Average receivables

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