The following data exists for Carley Company. 20182017 Accounts Receivable$50,000$70,000 Net Sales500,000410,000 Calculate the accounts receivable turnover and the average collection period for accounts receivable in days for 2018. (Use 365 days for calculation. Round answers to 1 decimal place, e. g. 15.2.) Accounts receivable turnover times Average collection period days
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The following data exists for Carley Company. 20182017 Accounts Receivable$50,000$70,000 Net Sales50...
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