The following information is available for Sumner Company. 
Instructions
Compute the receivables turnover ratio and the average collection period.
Definitions:
Capital Investment
Funds invested in a business by the owners or partners for long-term growth and financial stability.
Net Cash Flow
The amount of cash generated or used by a business in a given period, considering cash inflows and outflows from operating, investing, and financing activities.
Revenues
The overall income produced through the transaction of goods or services pivotal to a firm's core operations.
Expenses
Costs that are incurred during the operation of a business, leading to the outflow of resources or money.
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