What is the receivables turnover and annual credit sales

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Reference no: EM13937572

Evil Pop, Inc., has an average collection period of 50 days. Its average daily investment in receivables is $44,300. Assume 365 days per year.

What is the receivables turnover? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) Receivables turnover times

What are annual credit sales?

Reference no: EM13937572

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What is the receivables turnover and annual credit sales : Evil Pop, Inc., has an average collection period of 50 days. Its average daily investment in receivables is $44,300. Assume 365 days per year. What is the receivables turnover? What are annual credit sales?

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