Purrfect Pets,Inc.,has sales revenue of $1,748,380 during 2006.The company has credit card discounts of $16,280 and sales returns of $3,460.The balance in accounts receivable on December 31,2005 was $104,500 and on December 31,2006 it was $129,100.Calculate the receivables turnover ratio and days to collect measure for 2006.

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The Answer of Purrfect Pets,Inc.,has sales revenue of $1,748,380 during 2006.The company has credit card discounts of $16,280 and sales returns of $3,460.The balance in accounts receivable on December 31,2005 was $104,500 and on December 31,2006 it was $129,100.Calculate the receivables turnover ratio and days to collect measure for 2006.