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Calculate the accounts receivable turnover and average

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Reference no: EM131781324

The Company operates as a single reportable segments encompassing the manufacturing and sale of confectionery products. Its principal manufacturing operations are located in the United States and Canada, and its principal market is in the United States. The Company also manufactures and sells confectionery products in Mexico, and exports products to Canada and countries worldwide.

The following geographic data includes net product sales summarized on the basis of the customer location and long-lived assets based on their location:

2011 2010 2009
Net product sales:
United states $487,185 $471,714 $455,517
Foreign 41,184 45,435 40,075

$528,369 $517,149 $495,592
Long-lived assets:
United states $170,173 $172,087 $176,044
Foreign 41,989 43,405 44,677

$212,162 $215,492 $220,721

Calculate the accounts receivable turnover and average collection period for 2011. (Use "Net Product Sales." Assume all sales were credit sales.)(Round answers to 1 decimal place, e.g. 15.2.)

Reference no: EM131781324

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