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In 2022. Crane Company has net credit sales of $1,812,000 for the year. It had a beginning accounts receivable (net) balance of $116,000 and an
In 2022. Crane Company has net credit sales of $1,812,000 for the year. It had a beginning accounts receivable (net) balance of $116,000 and an ending accounts receivable (net) balance of $124.000. Compute Crane Company's accounts receivable turnover. (Round answer to 1 decimal place, eg. 12.5.) Accounts receivable turnover times e Textbook and Media List of Accounts Calculate Crane 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
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