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The following data are taken from the financial statements of Sandhill Company. Accounts receivable, end of year Net credit sales Terms for all sales are

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The following data are taken from the financial statements of Sandhill Company. Accounts receivable, end of year Net credit sales Terms for all sales are 1/10,n/60. 2021 $578,600 4,043,745 2020 $593,500 3,249,000 Calculate for each year the receivable turnover. At the end of 2019, accounts receivable was $546,500. (Round answers to 1 decimal place, eg. 12.5.) 2021 2020 Accounts receivable turnover times times Calculate for each year the receivable turnover. At the end of 2019, accounts receivable was $546,500. (Round answers to 1 decimal place, eg. 12,5) 2021 2020 Accounts receivable turnover times times Calculate for each year the collection period. (Round answers to 1 decimal place, eg. 12.5. Use 365 days for calculation.) 2021 2020 Collection period days days

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