Average collection period for accounts receivable

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Reference no: EM131180740

1. Accounts receivable turnover. (For Tootsie Roll, use "Net product sales." Assume all sales were credit sales.)

2. Average collection period for accounts receivable.

	Tootsie Roll		Hershey Company
Accounts receivable turnover		times		times
Average collection period		days		days

Reference no: EM131180740

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