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The financial data for Pharoah Foods Inc. and Sheridan Enterprises Ltd. for the current year are as follows (amounts in thousands): (a) Your answer is

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The financial data for Pharoah Foods Inc. and Sheridan Enterprises Ltd. for the current year are as follows (amounts in thousands): (a) Your answer is correct. Calculate the accounts receivable turnover for each company assuming that all sales are on account. (Round answers to 1 decimal place, eg. 18.4.) Calculate the average number of days required by each company to collect its receivables. (Round answers to 1 decimal place, eg. 18.4.)

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