Essence of Skunk Fragrances Ltd. sells 7400 units of its perfume collection ea

Essence of Skunk Fragrances Ltd. sells 7400 units of its perfume collection each year at a price per unit of $690. All sales are on credit
with terms of 1/15 net 60. The discount is taken by 55 percent of the customers.

Calculate the average collection period. (Round your answer to 2 decimal places. (e.g. 32.16))

What is the receivables turnover? (Use 365 days a year.
Do not round intermediate calculations and round your final answer to 3 decimal places. (e.g.
32.161))

What is the amount of the company%u2019s average receivable? (Do not round intermediate calculations and round
your final answer to 2 decimal places. (e.g. 32.16))