American Chocolate Co. reports the following in its 2016 10K report:
Calculate the accounts receivable turnover and average collection period for 2016 and 2015. Comment on the findings.

Question

American Chocolate Co. reports the following in its 2016 10K report:
  Calculate the accounts receivable turnover and average collection period for 2016 and 2015. Comment on the findings.

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The Answer of American Chocolate Co. reports the following in its 2016 10K report:
  Calculate the accounts receivable turnover and average collection period for 2016 and 2015. Comment on the findings.