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

Current Attempt in Progress The financial data for Cullumber Foods Inc. and

Current Attempt in Progress The financial data for Cullumber Foods Inc. and Blossom Enterprises Ltd. for the current year are as follows (amounts in thousands): Annual Sales Accounts Receivable Jan. 1 Accounts Receivable Dec. 31 Cullumber Foods $65,000 $6,050 $8,310 Blossom Enterprises 32,750 1,890 1,840 (a) Calculate the accounts receivable turnover for each company assuming that all sales are on account. (Round answers to 1 decimal place, e.g. 18.4.) Cullumber Foods Accounts receivable turnover times Blossom Enterprises times

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