The following data exists for Carley Company. 
Calculate the accounts receivable turnover and the average collection period for accounts receivable in days for 2021.
Definitions:
Economic Considerations
The factors related to the financial implications of decisions, including costs, benefits, and the overall impact on financial health.
Perceptual Defence
A psychological mechanism that prevents individuals from consciously perceiving disturbing or threatening stimuli.
Functional Specialty
An area within a profession or field where individuals possess specific skills, knowledge, and expertise, distinguishing them from others within the same broad discipline.
Statistical Principles
The fundamental concepts that underpin the logic, methodology, and validity of quantitative research and data analysis, including probability, variability, inference, and modeling.
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