Question: The following data are presented for Blue Spruce Ltd . for 2 0 2 4 : Calculate the receivables turnover and the average collection period

The following data are presented for Blue Spruce Ltd. for 2024:

The following data are presented for Blue Spruce Ltd. for 2024:
Calculate the receivables turnover and the average collection period for accounts receivable in days, assuming all sales were on credit.
(Round answers to 1 decimal place, e.g.52.7. Use 365 days for calculation.)
Calculate the receivables turnover and the average collection period for accounts receivable

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