Accounts Receivable Analysis

A company reports the following:

Sales 578,160

Average accounts receivable (net) 72,270

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

a. Accounts receivable turnover.

b. Number of delays sales in receivables.

Accounts Receivable Analysis A company reports the following: Sales $570,160 Average accounts receivable (net) 72,270 Determine (a) the accounts receivable turnover and (b) the number of days sales in receivables. Round interim calculations to the nearest dollar and finalanowers to one deimal place. Accuma 365-day year a. Accounts receivable turnover b. Number of days' sales in receivables days