Essence of Skunk Fragrances, Ltd., sells 8,800 units of its perfume collection each year at a price per unit of $790. All sales are on credit with terms of 1/15, net 90. The discount is taken by 40 percent of the customers.

Calculate the average collection period. (Round your answer to 2 decimal places (e.g., 32.16).)

Average collection period days :

What is the receivables turnover? (Use 365 days a year. Do not round intermediate calculations and round your final answer to 3 decimal places (e.g., 32.161).)

Receivables turnover: __ times

What is the amount of the companys average accounts receivable? (Do not round intermediate calculations and round your final answer to 2 decimal places (e.g., 32.16).)

Average accounts receivable: