The financial statements of Bramble Manufacturing Company report net sales of $569500 and accounts receivable of $91000 and $43000 at the beginning and end of the year, respectively. What is the accounts receivable turnover for Bramble? 8.5 times O 6.3 times O 3.2 times 13.2 times On January 15, 2020, Sheridan Company received a two-month, 9%, $8400 note from Peter Long for the settlement of his open account. The entry by Sheridan Company on January 15, 2020 would include a: O debit of $8526 to Notes Receivable. O debit of $8400 to Notes Receivable. credit of $8400 to Notes Receivable. O credit of $8526 to Accounts Receivable. Concord Company receives a $26000, 3-month, 8% promissory note from Sheffield Company in settlement of an open accounts receivable. What entry will Concord Company make upon receiving the note? Notes Receivable 26000 Interest Receivable 520 Accounts Receivable-Sheffield Company 26000 Interest Revenue 520 Notes Receivable 26520 Accounts Receivable-Sheffield Company 26520 Notes Receivable 26000 Accounts Receivable-Sheffield Company 26000 Notes Receivable 26520 Accounts Receivable-Sheffield Company 26000 Interest Revenue 520 The financial statements of Swifty Manufacturing Company report net sales of $595000 and accounts receivable of $64000 and $106000 at the beginning and end of the year, respectively. What is the average collection period for accounts receivable in days? O 52.1 O 65.0 O 39.3 O 104.2