Calculate the accounts receivable turnover and average collection period for 2011. (Use “Net Product Sales.” Assume all sales were credit sales.)(Round answers to 1 decimal place, e.g. 15.2.)

Calculate the accounts receivable turnover and average collection period for 2011. (Use “Net Product Sales.” Assume all sales were credit sales.)(Round answers to 1 decimal place, e.g. 15.2.)


2011
2010
2009
Net product sales:






United states
$487,185
$471,714
$455,517
Foreign
41,184
45,435
40,075


$528,369
$517,149
$495,592
Long-lived assets:






United states
$170,173
$172,087
$176,044
Foreign
41,989
43,405
44,677


$212,162
$215,492
$220,721

Calculate the accounts receivable turnover and average collection period for 2011. (Use “Net Product Sales.” Assume all sales were credit sales.)(Round answers to 1 decimal place, e.g. 15.2.)


Price: £ 45

100% Plagiarism Free & Custom Written, Tailored to your instructions

Leave your Comments


Can't read the image? click here to refresh