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The following information is available for Wildhorse Company. Beginning accounts receivable Ending accounts receivable Net sales $85,400 134,200 1,207,800 Compute the accounts receivable turnover
The following information is available for Wildhorse Company. Beginning accounts receivable Ending accounts receivable Net sales $85,400 134,200 1,207,800 Compute the accounts receivable turnover and the average collection period. (Round average collection period to 1 decimal places, e.g. 15.2. Use 365 days for calculation.) Accounts receivable turnover Average collection period times days
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