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Accounts Receivable Analysis A company reports the following: Sales $915,420 Average accounts receivable (net) 48,180 Determine (a) the accounts receivable turnover and (b) the number

Accounts Receivable Analysis

A company reports the following:

Sales $915,420
Average accounts receivable (net) 48,180

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.

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

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