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A Company Reports the Following  Sales $720,000 Average accounts receivable (net) 45,000\begin{array} { l r } \text { Sales } & \$ 720,000 \\\text { Average accounts receivable (net) } & 45,000\end{array}

Question 151

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A company reports the following:  Sales $720,000 Average accounts receivable (net) 45,000\begin{array} { l r } \text { Sales } & \$ 720,000 \\\text { Average accounts receivable (net) } & 45,000\end{array}
Determine the (a) accounts receivable turnover, and (b) number of days' sales in receivables. Round your answer to one
decimal place.

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