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Reading list A company reports the following: Sales $565,750 Average accounts receivable (net) 91,250 Determine the (a) accounts receivable turnover, and (b) number of days'

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Reading list A company reports the following: Sales $565,750 Average accounts receivable (net) 91,250 Determine the (a) accounts receivable turnover, and (b) number of days' sales in receivables. When required, round your answers to one decimal place. Assume a 365-day year. a. Accounts receivable turnover 6.2 b. Number of days' sales in receivables 59 days

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