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The following Accounts Receivable and Sales information was provided to you. 2019 2018 Accounts Receivable $ 93,320 $ 77,625 Net Sales $ 584,410 $ 423,325
The following Accounts Receivable and Sales information was provided to you.
2019 | 2018 | |
Accounts Receivable | $ 93,320 | $ 77,625 |
Net Sales | $ 584,410 | $ 423,325 |
Calculate the accounts receivable turnover and the average collection period for accounts receivable in days for 2019. Show all calculations.
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