Calculate the receivable turnover and the average days


Question - The following data exist for Kohler Company:

 

20x4

20x3

Account Receivable

$80,000

$90,000

Sales

484,500

410,500

Calculate the receivable turnover and the average days' sales uncollected for 20x4. Please include complete explanations for the calculations.

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Accounting Basics: Calculate the receivable turnover and the average days
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