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The following information was available for the year ended December 3 1 , 2 0 2 2 : Net sales Average accounts receivable for the
The following information was available for the year ended December :
Net sales
Average accounts receivable for the year
$
Accounts receivable at yearend
Required:
a Calculate the accounts receivable turnover for
Note: Round your answer to decimal place.
b Calculate the number of days' sales in accounts receivable for using yearend accounts receivable.
Note: Use days a year. Round your answer to decimal place.
tablea Accounts receivable turnover,timesb Number of days' sales in accounts receivable,days
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