The following information is available for Cullumber Company. Beginning accounts receivable Ending accounts receivable Net sales...

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The following information is available for Cullumber Company. Beginning accounts receivable Ending accounts receivable Net sales $89,600 140,800 1,728,000 Compute the accounts receivable turnover and the average collection period. (Round average collection period to 1 decimal places, e.g. 15.2. Use 365 days for calculation.) Accounts receivable turnover Average collection period times days The following information is available for Cullumber Company. Beginning accounts receivable Ending accounts receivable Net sales $89,600 140,800 1,728,000 Compute the accounts receivable turnover and the average collection period. (Round average collection period to 1 decimal places, e.g. 15.2. Use 365 days for calculation.) Accounts receivable turnover Average collection period times days

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Answer Accounts Receivable Turnover The accounts receivable turnover ratio measures how efficiently ... View the full answer