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The following Accounts Receivable and Sales information was provided to you from Mastercraft Wood Workers supply company. 2021 2020 Accounts Receivable $123,965 $106,775 Net Sales

The following Accounts Receivable and Sales information was provided to you from Mastercraft Wood Workers supply company.

2021 2020

Accounts Receivable $123,965 $106,775

Net Sales $1,765,900 $1,564,320

Required

Calculate the accounts receivable turnover and the average collection period for accounts receivable in days for 2021. Show all calculations

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