Calculate the Days' Receivables given that Sales = $1840 and Accounts Receivable = $320.
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- Accounts receivable turnover is 4. What is the average collection period assuming annual data are used? What is the average collection period assuming quarterly data are used?calculate these (d) Current ratio :1 (e) Accounts receivable turnover times (f) Average collection period daysA company has an accounts receivable turnover ratio equal to 15. What is its number of days' sales in receivables?