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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.)

05 / 03 / 2018 Assignment

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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.)


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