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Accounts Receivable Analysis A company reports the following: Sales. $840,960 Average accounts receivable (net) 52,560 Determine (a) theaccounts receivable turnoverand (b) thenumber of days' sales

Accounts Receivable Analysis

A company reports the following:

Sales. $840,960

Average accounts receivable (net) 52,560

Determine (a) theaccounts receivable turnoverand (b) thenumber of days' sales in receivables. 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 days' sales in receivables. _________days

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