The following data exists for Mather Company. $\begin{array}{lrr}&2014&2013\
\text { Accounts Receivable } & \$ 80,000 & \$ 70,000 \
\text { Net Sales } & 560,000 & 410,000
\end{array}$ Calculate the accounts receivable turnover and the average collection period for accounts receivable in days for 2014.

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The Answer of The following data exists for Mather Company. $\begin{array}{lrr}&2014&2013\
\text { Accounts Receivable } & \$ 80,000 & \$ 70,000 \
\text { Net Sales } & 560,000 & 410,000
\end{array}$ Calculate the accounts receivable turnover and the average collection period for accounts receivable in days for 2014.