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Rise Above This, Inc., has an average collection period of 52 days. Its average daily investment in receivables is $88,600. Assume 365 days per year.

Rise Above This, Inc., has an average collection period of 52 days. Its average daily investment in receivables is $88,600. Assume 365 days per year.

What is the receivables turnover? (Round your answer to 4 decimal places. (e.g., 32.1616))

Receivables turnover times

What are annual credit sales? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))


Annual credit sales $

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