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2/ 162 A company reports the following results in its financial statements: Year 3 Year 1 Year 2 $2.560,0000 2,10000 $1.000 00000 1,900,000 Net Sales

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2/ 162 A company reports the following results in its financial statements: Year 3 Year 1 Year 2 $2.560,0000 2,10000 $1.000 00000 1,900,000 Net Sales $2,500,000 Accounts receivable, Ending Balance 172,000 167,000 165,000 Calculate the company accounts receivable turnover for Year 2 and Year 3. Compare these two relt and give a possible explanation for any significant change

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