In $2022,$ Marigold Corp. has net credit sales of $$1,550,000$ for the year. It had a beginning accounts receivable $($net$)$ balance of $$122,000$ and an ending accounts receivable $($net$)$ balance of $$128,000.$

$($a$)$

Your answer is correct.

Compute Marigold Corp.$\text{'}$s accounts receivable turnover. $($Round answer to $1$ decimal place, eg$.2\mathrm{.}5.)$

Accounts receivable turnover times

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$($b$)$

Compute Marigold Corp.$\text{'}$s average collection period in days. $($Round answer to $1$ decimal place, e$.$g$.2\mathrm{.}5.$ Use $365$ days for calculations.$)$

Average collection period days

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