Question: a. Explain how to compute the Average Collection Period. b. Compute the Average Collection Period, if the Accounts Receivable Turnover Ratio is 5.2. Explain

a. Explain how to compute the Average Collection Period. b. Compute the Average Collection Period, if the Accounts Receivable Turnover Ratio is 5.2. Explain what the Average Collection Period measures. c. Explain how to compute interest for a $20,000 loan at 7% interest for 9 months. * Upload and attach your completed excel file to your posting.

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