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Accounts receivable turnover and days' sales in receivables For two recent years, Robinhood Company reported the following: 2079 20Y8 Sales $7,638,000 $6,325,000 Accounts receivable: Beginning

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Accounts receivable turnover and days' sales in receivables For two recent years, Robinhood Company reported the following: 2079 20Y8 Sales $7,638,000 $6,325,000 Accounts receivable: Beginning of year 580,000 560,000 520,000 580,000 End of year a. Determine the accounts receivable turnover for 2019 and 2048. Round answers to one decimal place. 2048: 20Y9: b. Determine the days' sales in receivables for 2019 and 20Y8. Use 365 days and round all calculations to one decimal place. 2048: days 20Y9: days c. Are the changes in the accounts receivable turnover and days' sales in receivables from 2048 to 2049 favorable or unfavorable

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