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Accounts receivable analysis A company reports the following: Sales $ 1 , 2 9 0 , 6 4 0 Average accounts receivable ( net )

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Accounts receivable analysis
A company reports the following:
Sales
$1,290,640
Average accounts receivable (net)
49,640
Determine (a) the accounts receivable turnover and (b) the days' sales in receivables. Round interim calculations to th nearest dollar and final answers to one decimal place. Assume a 365-day year.
a. Accounts receivable turnover
b. Days' sales in receivables days
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