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Receivables turnover times what are annual credit sales

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Evil Pop, Inc., has an average collection period of 70 days. Its average daily investment in receivables is $45,300. Assume 365 days per year. What is the receivables turnover? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) Receivables turnover times What are annual credit sales? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Annual credit sales $

Reference no: EM131070567

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