The following data exists for Ace Merchandising Company. Net Accounts Receivable Net Credit Sales 2025 $80,000 Average collection period 560,000 Accounts receivable turnover 2024 $70,000 Calculate the accounts receivable turnover and the average collection period in days for 2025. (Round answers to 1 decimal place, e.g. 15.2. Use 365 days for calculation.) 410,000 times days Attempts: unlimited Submit Answer

The following data exists for Ace Merchandising Company. Calculate the accounts receivable turnover and the average collection period in days for 2025. (Round answers to 1 decimal place, c.3. 15.2. Use 365 days for calculation.) Accounts receivable turnover Average collection period times days