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The following information is available for Pharoah Products: 2014 2013 Accounts receivable $54,000 $66,600 Cost of goods sold 469,800 $22,000 Inventory (ending) 46,800 61,200 Net

image text in transcribed The following information is available for Pharoah Products: 2014 2013 Accounts receivable $54,000 $66,600 Cost of goods sold 469,800 $22,000 Inventory (ending) 46,800 61,200 Net cash provided by operating activities 198,000 153,000 Net sales 789.930 846,000 Capital expenditures 36,000 34.200 Dividends 21,870 28,800 Compute the following for 2014: (Round answers to 1 decimal place, e.g. 52.7. Use 365 days for calculation.) Accounts receivable turnover Average collection period days eTextbook and Media Save for Later times Attempts: 0 of 2 used Submit

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