A Company Reports the Following:
​ $$\begin{array} { l r } \text { Net sales } & \$ 750,000 \\\text { Average accounts receivable (net) } & \$ 50,000\end{array}$$

Essay

A company reports the following:
​ $$\begin{array} { l r } \text { Net sales } & \$ 750,000 \\\text { Average accounts receivable (net) } & \$ 50,000\end{array}$$ ​
Determine the (a) accounts receivable turnover and (b) days' sales in receivables.Round your answers to one decimal place.