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Question 24 View Policies Your answer has been saved. See score details after the due date. The financial statements of Carla Vista report net credit
Question 24 View Policies Your answer has been saved. See score details after the due date. The financial statements of Carla Vista report net credit sales of $3.8 million. Accounts receivable are $170,000 at the beginning of the year and $280,000 at the end of the year. Calculate Carla Vista's accounts receivable turnover and average collection period for accounts receivable in days. (Round accounts recevable turnover to 2 decimal places, eg. 52.75, and average collection period to O decimal places, eg. 52. Use 365 days for calculation.) 16.89 times Accounts receivable turnover 22 days Average collection period Attempts: 1 of 1 used Your grade has been recorded in the Gradebook -17:00
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