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The financial statements of Ivanhoe report net credit sales of $3.3 million Accounts receivable are $70.000 at the beginning of the year and $280.000 at

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The financial statements of Ivanhoe report net credit sales of $3.3 million Accounts receivable are $70.000 at the beginning of the year and $280.000 at the end of the year. Calculate Ivanhoe's accounts receivable turnover and average collection period for accounts receivable in days. Round accounts receivable turnover o 2 decimal places, 52.75 and overage collection period to decimal places, . 52. Use 365 days for calculation) Accounts receivable turnover times Average collection period

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