The Following Information Is Available for Edmiston Company Instructions
Compute the Accounts Receivable Turnover and the Average Collection

question 90

Essay

The following information is available for Edmiston Company. $\begin{array}{lr}\text { Beginning accounts receivable } & \$ 70,000 \\\text { Ending accounts receivable } & 110,000 \\\text { Net sales } & 990,000\end{array}$ Instructions
Compute the accounts receivable turnover and the average collection period.

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