Rodriguez Companys accounts receivable balance was $150,000 on January 1, 2019 and $200,000 on December 31, 2019. Rivers had net credit sales of $1,500,000 during 2019.

Instructions:

(a) Compute the accounts receivable turnover for 2019 (rounded to 2 decimal points)

(b) Compute the average collection period in days (rounded to one decimal point).