Question: please check work Select financial information from Cato Inc. is shown below: 2018 2017 Receivables $424,886 $373,266 less allowance for doubtful accounts 46,067 32,213 Receivables,

please check work Select financial information from Cato Inc. is shown

please check work

Select financial information from Cato Inc. is shown below: 2018 2017 Receivables $424,886 $373,266 less allowance for doubtful accounts 46,067 32,213 Receivables, net 378,819 341,053 Credit sales 5,237,300 4,814,700 Calculate the receivables turnover and the collection period for 2018. (Round answers to 1 decimal place, e.g. 12.3.) Receivables Turnover Ratio 13.1 times Average Collection Period 27.9 days

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