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The financial data for Wildhorse Foods Inc. and Blossom Enterprises Ltd. for the current year are as follows (amounts in thousands) Accounts Receivable Jan. 1
The financial data for Wildhorse Foods Inc. and Blossom Enterprises Ltd. for the current year are as follows (amounts in thousands) Accounts Receivable Jan. 1 Accounts Receivable Dec. 31 Annual Sales $57,770 Wildhorse Foods $6,540 $7,700 Blossom Enterprises 27,910 2.110 1.870 Calculate the average number of days required by each company to collect its receivables. (Round answers to 1 decimal place, eg. 18.4) Wildhorse Foods Blossom Enterprises Days to collect days days (c) The parts of this question must be completed in order. This part will be available when you complete the part above
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