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The following data are taken from the financial statements of Blossom Company 2020 2019 Accounts receivable (net), end of year $ 551,000 $ 535,000 Net

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The following data are taken from the financial statements of Blossom Company 2020 2019 Accounts receivable (net), end of year $ 551,000 $ 535,000 Net sales on account 4,126,800 4,349,200 Terms for all sales are 1/10,n/45 Compute for each year the accounts receivable turnover. At the end of 2018, accounts receivable was $513,000. (Round answers to 1 decimal place, eg. 12.5.) 2020 2019 Accounts receivable turnover times times e Textbook and Media Compute for each year the average collection period. (Round answers to 1 decimal place, eg. 12.5. Use 365 days for calculation 2020 2019 Average collection period days days

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