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Need help with this question, thank you in advance! Please show workings and formulas as...

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Accounting

Need help with this question, thank you in advance! Please show workings and formulas as well

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Maple Leaf Foods Inc. reported the following selected information (in thousands) for the three years ended December 31, 2018, 2017, and 2016: 2018 Trade receivables (gross) Allowance for doubtful accounts Sales $109,945 1,305 3,495,519 2017 $90,862 5 3,522,226 2016 $90,463 5 3,331,812 (a) Your answer is incorrect. Calculate Maple Leaf's receivables turnover and average collection period for 2018 and 2017. (Round answers to 1 decimal place, e.g. 52.5.) 2018 2017 Receivables turnover | times times Average collection period days days

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