In 2022, Sheridan Company has net credit sales of $1,798,000 for the year. It had a...

 

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In 2022, Sheridan Company has net credit sales of $1,798,000 for the year. It had a beginning accounts receivable (net) balance of $108,000 and an ending accounts receivable (net) balance of $124,000. (a) Your answer is correct. Compute Sheridan Company's accounts receivable turnover. (Round answer to 1 decimal place, e.g. 12.5.) Accounts receivable turnover eTextbook and Media List of Accounts (b) Ci times Compute Sheridan Company's accounts receivable turnover. (Round answer to 1 decimal place, e.g. 12.5.) Accounts receivable turnover eTextbook and Media List of Accounts times Attempts: unlimited Attempts: unlimited (b) Calculate Sheridan Company's average collection period in days. (Round answers to 1 decimal place, e.g. 12.5. Use 365 days for calculation.) Average collection period days In 2022, Sheridan Company has net credit sales of $1,798,000 for the year. It had a beginning accounts receivable (net) balance of $108,000 and an ending accounts receivable (net) balance of $124,000. (a) Your answer is correct. Compute Sheridan Company's accounts receivable turnover. (Round answer to 1 decimal place, e.g. 12.5.) Accounts receivable turnover eTextbook and Media List of Accounts (b) Ci times Compute Sheridan Company's accounts receivable turnover. (Round answer to 1 decimal place, e.g. 12.5.) Accounts receivable turnover eTextbook and Media List of Accounts times Attempts: unlimited Attempts: unlimited (b) Calculate Sheridan Company's average collection period in days. (Round answers to 1 decimal place, e.g. 12.5. Use 365 days for calculation.) Average collection period days