5(2).

Accounts receivable turnover and days' sales in receivables For two recent years, Robinhood Company reported the following: 2049 2018 Sales $8,512,000 $7,187,500 Accounts receivable: Beginning of year 650,000 600,000 End of year 630,000 650,000 a. Determine the accounts receivable turnover for 2049 and 20Y8. Round answers to one decimal place. 2048: 13.4 20Y9: 11.5 X b. Determine the days' sales in receivables for 2019 and 20Y8. Use 365 days and round all calculations to one decimal place. 20Y8: 27.4 X days 2019: 32 X days c. Are the changes in the accounts receivable turnover and days' sales in receivables from 20Y8 to 2049 favorable or unfavorable? Favorable Feedback Check My Work Accounts Receivable Turnover = Sales/Average Accounts Receivable