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2019 2018 Accounts Receivable $ 5,495 $ 5,200 Allowance for Doubtful Accounts (335) (340) Accounts Receivable, Net of Allowance $ 5,160 $ 4,860 Net Sales
| 2019 | 2018 | |
|---|---|---|
| Accounts Receivable | $ 5,495 | $ 5,200 |
| Allowance for Doubtful Accounts | (335) | (340) |
| Accounts Receivable, Net of Allowance | $ 5,160 | $ 4,860 |
| Net Sales (assume all on credit) | $ 42,000 | $ 40,500 |
Determine the receivables turnover ratio and days to collect for 2019.
Do the measures calculated in requirement 1 represent an improvement (or deterioration) in receivables turnover, compared to 2018, when the turnover was 9.8?
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