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Presented below is information for Crane Company. Beginning - of - the - year Accounts Receivable balance was $ 1 6 , 4 0 0
Presented below is information for Crane Company.
Beginningoftheyear Accounts Receivable balance was $
Net sales all on account for the year were $ Crane does not offer cash discounts.
Collections on accounts receivable during the year were $
Compute Crane's accounts receivable turnover and days to collect receivables for the year. The company does not believe it will have any bad debts. Round answers to decimal places, eg Use days for calculation.
Accounts receivable turnover times
Days to collect accounts receivable days
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