i need to find account receivable turnover

and Days to collect account receivable

Current Attempt in Progress Presented below is information for Shamrock Company. 1. Beginning-of-the-year Accounts Receivable balance was $18,500. 2. Net sales (all on account) for the year were $110,700. Shamrock does not offer cash discounts. 3. Collections on accounts receivable during the year were $84,500. Shamrock is planning to factor some accounts receivable at the end of the year. Accounts totaling $13,700 will be transferred to Credit Factors, Inc. with recourse. Credit Factors will retain 5% of the balances for probable adjustments and assesses a finance charge of 4%. The fair value of the recourse obligation is $1,049. Your answer is correct. Prepare the journal entry to record the sale of the receivables. (If no entry is required, select "No Entry for the account titles and enter for the amount Cart titleen mallintaan ha len Cash 12467 Loss on Sale of Receivables 1597 Due from Factor 685 Recourse Liability 1,049 Accounts Receivable 13.700 e Textbook and Media List of Accounts X Your answer is incorrect. Compute Shamrock's accounts receivable turnover for the year, assuming the receivables are sold. (Round answers to 2 decimal places, eg. 4.57.) Accounts receivable turnover 7.14 times Days to collect accounts receivable 51 days