Question in 2017 swifty corporation has net credit sales of, Ask an Expert

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Question: In 2017, Swifty Corporation has net credit sales of $1,510,700 for the year. It had a beginning accounts receivable (net) balance of $101,800 and an ending accounts receivable (net) balance of $131, 300.

Compute swifty corporation's receivables turnover. Accounts receivable turnover _____________ times

Calculate Swifty Corporation's average collection period in days. Average collection period in days ____________ days

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92716718

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