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The financial statements of winery Andrew Peller Limited reported net sales of $382,306 thousand for its year ended March 31, 2020. Accounts receivable were $34,096
The financial statements of winery Andrew Peller Limited reported net sales of $382,306 thousand for its year ended March 31, 2020. Accounts receivable were $34,096 thousand at March 31, 2020, and $29,801 thousand at March 31, 2019. Calculate the company's accounts receivable turnover ratio and the average collection period for accounts receivable in days. (Round answers to 2 decimal places, e.g. 15.25. Use 365 days for calculation.) Accounts receivable turnover ratio times Average collection period for accounts receivable in days days
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