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Use the following information for Clay CO. to compute accounts receivable turnover for 2015 and its days in accounts receivable outstanding at December 31, 2015

Use the following information for Clay CO. to compute accounts receivable turnover for 2015 and its days in accounts receivable outstanding at December 31, 2015 and 2014 (round answers to one decimal).

A. Compute accounts receivable turnover

2015 2014 2013

Net Sales 783,987 824,865 678,987

Accounts Receivable 64,564 59,852 250,000

B. How many days is it taking this company to collect accounts receivable

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