x Your answer is incorrect The financial statements of Crane report net credit sales of $1.8 million. Accounts receivable are $30,000 at the beginning of the year and $280.000 at the end of the year, Calculate Cranes accounts receivable turnover and average collection period for accounts receivable in days. (Round accounts receivable turnover to 2 decimal places, os 52.75. ond average collection period to decimal places, 6.3. 52. Use 365 days for calculation) 161 times Accounts receivable turnover Average collection period 27 days