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Question 18 of 34 -/3 E View Policies Current Attempt in Progress The financial statements of the Blossom Company report net sales of $396000 and
Question 18 of 34 -/3 E View Policies Current Attempt in Progress The financial statements of the Blossom Company report net sales of $396000 and accounts receivable of $51600 and $28800 at the beginning of the year and the end of the year, respectively. What is the average collection period for accounts receivable in days? (Use 365 days for calculation.) O 37.1 0 26.9 0 47.2 O 77.6 Attempts: 0 of 1 used Submit Answer Save for later Q uestion 19 of 34 -/3 Tiew Policies Current Attempt in Progress The financial statements of the Blue Spruce Corp.reports net sales of $631800 and accounts receivable of $71000 and $37000 at the beginning of the year and end of year, respectively. What is the accounts receivable turnover for Blue Spruce Corp.? O 17.1 times O 8.9 times O 5.9 times O 11.7 times Attempts: 0 of 1 used Submit Answer Save for Later
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