Question: Current Attempt in Progress The financial data for Crane Foods Inc. and Cullumber Enterprises Ltd. for the current year are as follows (amounts in thousands):

Current Attempt in Progress The financial data for Crane Foods Inc.

and Cullumber Enterprises Ltd. for the current year are as follows (amounts

in thousands): Calculate the accounts receivable turnover for each company assuming that

Current Attempt in Progress The financial data for Crane Foods Inc. and Cullumber Enterprises Ltd. for the current year are as follows (amounts in thousands): Calculate the accounts receivable turnover for each company assuming that all sales are on account. (Round answers to 1 decim place, es. 18.4.) Calculate the average number of days required by each company to collect its receivables. (Round answers to 1 decimal place 18.4.) Current Attempt in Progress The financial data for Crane Foods Inc. and Cullumber Enterprises Ltd. for the current year are as follows (amounts in thousands): Calculate the accounts receivable turnover for each company assuming that all sales are on account. (Round answers to 1 decim place, es. 18.4.) Calculate the average number of days required by each company to collect its receivables. (Round answers to 1 decimal place 18.4.)

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