The following information is available for Edmiston Company. Beginning accounts receivable $70,000 Ending accounts receivable 110,000 Net sales 990,000 Compute the accounts receivable turnover and the average collection period. (Use 365 days for calculation. Round average collection period to 1 decimal places, e. g. 15.2.) Accounts receivable turnover times Average collection period days

Western electric has 32,000 shares of common stock outstanding at a price per share of $79 and a rate of return of 13.00 percent. the firm has 7,300 shares of 7.80 percent preferred stock outstanding at a price of $95.00 per share. the preferred stock has a par value of $100. the outstanding debt has a total face value of $404,000 and currently sells for 111 percent of face. the yield to maturity on the debt is 8.08 percent. what is the firm's weighted average cost of capital if the tax rate is 39 percent?