In 2022, Wildhorse Co. has net credit sales of $1,711,000 for the year. It had a beginning accounts receivable (net) balance of $114,000 and an ending accounts receivable (net) balance of $122,000.

(a)

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Your answer is correct.

Compute Wildhorse Co.s accounts receivable turnover. (Round answer to 1 decimal place, e.g. 12.5.)

Accounts receivable turnover

enter the accounts receivable turnover in times rounded to 1 decimal place

times

eTextbook and Media

List of Accounts

Attempts: unlimited

(b)

Calculate Wildhorse Co.s average collection period in days. (Round answers to 1 decimal place, e.g. 12.5. Use 365 days for calculation.)

Average collection period

enter the average collection period in days rounded to 1 decimal place

days