Accounts Receivable Turnover and Average Collection Period The Forrester Corporation disclosed the following financial information (in millions) in its recent annual report:

	2012	2013
Net Sales	$149,054	$161,770
Beginning Accounts Receivable (net)	38,960	36,940
Ending Accounts Receivable (net)	36,940	60,890

Calculate the accounts receivable turnover ratio for both years. (Round your answer to two decimal points.)

Calculate the average collection period for both years. (Use 365 days for calculation. Round to the nearest whole number.)

Is the company's accounts receivable management improving or deteriorating?

	2012	2013
a. Accounts receivable turnover	Answer	Answer
b. Average collection period	Answer	Answer days
c. The company's receivable management	Answer