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Question 9 View Policies Show Attempt History Current Attempt in Progress * Your answer is incorrect. The following data exists for Blossom Company. 2022 2021
Question 9 View Policies Show Attempt History Current Attempt in Progress * Your answer is incorrect. The following data exists for Blossom Company. 2022 2021 $81,000 $71,000 Accounts Receivable Net Sales 561,000 410,000 Calculate the accounts receivable turnover and the average collection period for accounts receivable in days for 2022. (Round answers to 1 decimal place, e.g. 15.2. Use 365 days for calculation.) Accounts receivable turnover 3.7 times Average collection period 98.6 days
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