Pujols Lumber Yard has a current accounts receivable balance of $445,016. Credit sales for the year just ended were $4,856,750.

Requirement 1:

What is the receivables turnover? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Receivables turnover

times

Requirement 2:

What is the days sales in receivables? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Days sales in receivables

days

Requirement 3:

How long did it take on average for credit customers to pay off their accounts during the past year? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Average collection period

days