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< Accounts receivable turnover and days' sales in receivables For two recent years, Robinhood Company reported the following: 2019 2018 Sales $8,512,000 $7,195,500 Accounts
< Accounts receivable turnover and days' sales in receivables For two recent years, Robinhood Company reported the following: 2019 2018 Sales $8,512,000 $7,195,500 Accounts receivable: Beginning of year 650,000 580,000 End of year 630,000 650,000 a. Determine the accounts receivable turnover for 2019 and 2018. Round answers to one decimal place. 2018: 2019: b. Determine the days' sales in receivables for 2019 and 20V8. Use 365 days and round all calculations to one decimal place. 2018: 2019: days days c. Are the changes in the accounts receivable turnover and days' sales in receivables from 20V8 to 20V9 favorable or unfavorable? Favorable
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