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* Your answer is incorrect. Calculate Canfor's receivables turnover and average collection period for 2018 and 2017. (Round answers to 1 decimal place, e.g. 52.5.)
* Your answer is incorrect. Calculate Canfor's receivables turnover and average collection period for 2018 and 2017. (Round answers to 1 decimal place, e.g. 52.5.) 2018 2017 Receivables turnover 26.9 times 25.6 times Average collection period 13.6 days 14.3 days eTextbook and Media Save for Later Attempts: 1 of 2 used Submit Answer Canfor Corporation reported the following selected information (in millions) for the three years ended December 31, 2018, 2017 and 2016; Trade receivables (gross) Allowance for doubtful accounts Sales 2018 $186.5 44 5,044.4 2017 $196,5 3.5 4563.3 2016 $168.6 4.4 4,234.9 (a) X Your answer is incorrect Doc Calculate Canfor's receivables turnover and average collection period for 2018 and 2017. (Round answers to 1 decimal place, 23. 52.5.)
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