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suppose the following information was taken from the 2025 financial statements of Boxcorp corporation, a...

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Accounting

suppose the following information was taken from the 2025 financial statements of Boxcorp corporation, a major global transportation company.

In millions 2025 2024

Accounts receivable ( Gross ) 3650 4550

Accounts receivable ( Net ) 3200 4400

Allowance for doubtful accts. 450 450

Sales Revenue 34960 34960

Total Current assets 7164 7164

A) How many times does accounts receivable turnover ?

B) How many days is the average collection period ?

Round to 1 decimal place

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