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A. Accounts Receivable Turnover and Average Collection Period The Forrester C Closed the following financial information (in millions) in its recent annual report: 2015 2016

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A. Accounts Receivable Turnover and Average Collection Period The Forrester C Closed the following financial information (in millions) in its recent annual report: 2015 2016 Net sales. ..... ........................................... Beginning accounts receivable (net) .... Ending accounts receivable (net). ...... $71,050 3,896 4,100 13,896 $81,662 4,100 3,596 4,100 a. b. C. Calculate the accounts receivable turnover ratio for both years. Calculate the average collection period for both years. Is the company's accounts receivable management improving or deteriorating

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