Question: Back to Assignment Attempts: Average: 14 10. Problem 9-10 eBook Problem 9-10 ABCD Corporation has credit sales of $12,970,000 and receivables of $1,960,000. Assume there

Back to Assignment Attempts: Average: 14 10. Problem 9-10 eBook Problem 9-10 ABCD Corporation has credit sales of $12,970,000 and receivables of $1,960,000. Assume there are 365 days in a year. a. What is the receivables turnover? Round your answer to two decimal places b. What is the average collection period (days sales outstanding)7 Round your answer to the nearest whole number. days clf the company offers credit terms of 55 days, are its receivables past de? Round your answer to the nearest whole number. Enter zero ir the receivables are not past due. .,it is days overdue. Continue without saving

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