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Accounts Receivable Analysis A company reports the following: Sales $327,040 Average accounts receivable (net) 20,440 Determine (a) the accounts receivable turnover and (b) the number

Accounts Receivable Analysis

A company reports the following:

Sales $327,040
Average accounts receivable (net) 20,440

Determine (a) the accounts receivable turnover and (b) the number of days' sales in receivables. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume a 365-day year.(please show your work )

image text in transcribed a. Accounts receivable turnover b. Number of days' sales in receivables days

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