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Accounts receivable turnover and days' sales in receivables For two recent years, Robinhood Company reported the following: 2019 2018 Sales $8,775,000 $7,187,500 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 2018 Sales $8,775,000 $7,187,500 Accounts receivable: Beginning of year 660,000 590,000 End of year 640,000 660,000 a. Determine the accounts receivable turnover for 2049 and 20Y8. Round answers to one decimal place. 2048: 2019: b. Determine the days' sales in receivables for 2019 and 20Y8. Use 365 days and round all calculations to one decimal place. 20Y8: days 20Y9: days C. Are the changes in the accounts receivable turnover and days' sales in receivables from 2018 to 20y9 favorable or unfavorable

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