In 2022, Oriole Company has net credit sales of $1,716,000 for the year. It had a beginning accounts receivable (net) balance of $117,000 and an ending accounts receivable (net) balance of $123,000.

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Compute Oriole Companys accounts receivable turnover. (Round answer to 1 decimal place, e.g. 2.5.)

Accounts receivable turnover

enter the accounts receivable turnover in times

times

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Compute Oriole Companys average collection period in days. (Round answer to 1 decimal place, e.g. 2.5. Use 365 days for calculations.)

Average collection period

enter the average collection period in days

days

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