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The financial statements of Sunland report net credit sales of $1.7 million. Accounts receivable are $390,000 at the beginning of the year and $280,000 at
The financial statements of Sunland report net credit sales of $1.7 million. Accounts receivable are $390,000 at the beginning of the year and $280,000 at the end of the year. Calculate Sunland's accounts receivable turnover and average collection period for accounts receivable in days. (Round accounts receivable turnover to 2 decimal places, e.g. 52.75. and average collection period to O decimal places, e.g. 52. Use 365 days for calculation.) Accounts receivable turnover times Average collection period days Save for Later Attempts: 0 of 1 used Submit Answer 18 W P
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