The 2024 financial statements of Blue Wave Technologies show annual credit sales of $42.8 million. The company had accounts receivable (net) of $5.2 million at the beginning of the year and $6.4 million at the end of the year. Calculate Blue Wave Technologies' receivable turnover ratio.

General accounting

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Compute average collection period

Suppose the 2022 financial statements of 3M Company report net sales of $23.1 billion. Accounts receivable (net) are $3.2 billion at the beginning of the year and $3.25 billion at the end of the year.    Compute 3M’s accounts receivable turnover. - Accounts Recievable turnover ratio=? (times)   Compute 3M’s average collection period for accounts receivable in days  - Average collection period =? (days)

Account receivable turnover

Calculate A and B

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Please solve this question general accounting

In 2022, Blossom Company has net credit sales of $1,761,000 for the year. It had a beginning accounts receivable (net) balance of $115,700 and an ending accounts receivable (net) balance of $119,100.     Compute Blossom Company’s accounts receivable turnover. (Round answer to 1 decimal place, e.g. 12.5.) Accounts receivable turnover   enter the accounts receivable turnover in times rounded to 1 decimal place  times     Calculate Blossom Company’s average collection period in days. (Round answers to 1 decimal place, e.g. 12.5. Use 365 days for calculation.) Average collection period   enter the average collection period in days rounded to 1 decimal place  days