the following data are taken from the financial statements of Sheridan company.

a1) compute for each year the accounts receivable turnover. At the end of 2020, accounts receivable(net) was $500,000.

a2) compute for each year the average collection period. At the end of 2020, accounts receivable(net) was $500,000.

The following data are taken from the financial statements of Sheridan Company. Compute for each year the accounts receivable turnover. At the end of 2020 , accounts receivable (net) was $500,000. answers to 1 decimal place, eg. 1.6.) eTextbook and Media Savefor Later Compute for each year the average collection period. At the end of 2020, accounts receivable (net) was $500,000. (Use 365 dars for calculation. Round answers to 1 decimal place, eg. 1.6.)