What is the receivables turnover-annual credit sales

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Reference no: EM13934434

Evil Pop, Inc., has an average collection period of 54 days. Its average daily investment in receivables is $43,800. 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.)

What are annual credit sales? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Reference no: EM13934434

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