9999999999999999 Accounts Receivable Turnover and Days' Sales in Receivables Classic Company designs, markets, and distributes a variety of apparel, home decor, accessory, and fragrance products. The company's products include such brands as Polo by Classic, Classic Purple Label, Classic, Polo Jeans Co., and Chaps. Polo Classic reported the following for two recent years: Sales For the Period Ending Year 2 $4,036,900 Accounts receivable 503,700 Assume that accounts receivable were $459,900 at the beginning of Year 1. Year 1 $4,059,530 518,300 a. Compute the accounts receivable turnover for Year 2 and Year 1. Round to one decimal place. Year 2: Year 1: b. Compute the days' sales in receivables for Year 2 and Year 1. Round to one decimal place. Use 365 days per year in your calculations. Year 2: Year 1: days days c. The change in the accounts receivable turnover from year 1 to year 2 indicates a(n) of collecting accounts receivable and is a(n) in the efficiency change. The change in the days' sales in receivables is a(n) change.