1. Accounts receivable turnover. (For Tootsie Roll, use "Net product sales." Assume all sales were credit sales.)
2. Average collection period for accounts receivable.
|
|
Tootsie Roll |
|
Hershey Company |
|
| Accounts receivable turnover |
|
 |
times |
|
|
times |
|
| Average collection period |
|
|
days |
|
|
days |