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Accounts receivable turnover and days' sales in receivables For two recent years, Robinhood Company reported the following: 2019 20Y8 Sales $7,897,500 $6,608,000 Accounts receivable: Beginning

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Accounts receivable turnover and days' sales in receivables For two recent years, Robinhood Company reported the following: 2019 20Y8 Sales $7,897,500 $6,608,000 Accounts receivable: Beginning of year 590,000 530,000 End of year 580,000 590,000 a. Determine the accounts receivable turnover for 2019 and 2048. Round answers to one decimal place. 2048: 2019: b. Determine the days' sales in receivables for 2019 and 2018. Use 365 days and round all calculations to one decimal place. 2048: days 2049 days c. Are the changes in the accounts receivable turnover and days' sales in receivables from 2018 to 20y9 favorable or unfavorable? Previous Check My Work 3 more Check My Work uses remaining EPIC 24

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