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Please see the attached.

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Please see the attached.

Screen Shot 2019-12-15 at 12.50.27 AM.png

Screen Shot 2019-12-15 at 12.50.27 AM.png

The following financial information is for Annapolis Corporation are for the fiscal
years ending 2019 & 2018 (all balances are normal):
Item/Account
2019
2018
Accounts Receivable
$42,000
$46,000
Inventory
42,000
38,000
Net Sales (all credit)
350,000
350,000
Cost of Goods Sold
154,000
152,000
Net Income
27,200
24,800
Use this information to determine the accounts receivable average collection
period for FY 2019. (Use 365 day year. Round your answers to one decimal place.)
 
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