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The company's credit sales are approximately 80% and 85% of its total sales in 2020 and 2021 , respectively. Compute for the accounts receivable turnover in 2020 and 2021. Note: Answer format should be [2020] and [2021]. Limit to 2 decimal places. Example: 10.00 and 11.00 18.96 and 20.95 26.66 and 21.56 Question 40 Using the same information provided in Problem 6, compute for the average collection period in 2020 and 2021. Note: Answer format should be [2020] and [2021]. Limit to 2 decimal places. Example: 10.00 and 11.00 19.25 and 17.43 13.69 and 16.93 percentage of Nickolai Company's accounts receivable: How much is the required allowance for doubtful accounts at December 31, 2020 ? P78,750 Problem 1 EVA Co. reported a total cash and cash equivalents amounting of P4,400,000 on December 31, 2020, which includes the following information: - Two certificates of deposit, each totaling P400,000. These certificates of deposits have a maturity of 120 days. - A check that is dated January 12, 2021 in the amount of P76,500. - A commercial paper of P1,100,000 which is due in 90 days. - Currency and coins on hand amounted to P8,000. the above balance). How much is the correct amount of cash and cash equivalents that EVA Co. should report in its December 31 , 2020 statement of financial position? P3,600,000 P3,523,500 P3,323,500 P3,400,000 Problem 2 Aulie Company provided the following information with respect to its cash and cash equivalents on December 31,2020 : What amount should be reported as unrestricted cash on December 31,2020? P5,680,000P5,760,000P5,460,000P5,480,000