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Accounts receivable turnover and days' sales in receivables For two recent years, Robinhood Company reported the following: 20Y9 20Y8 Sales $7,847,000 $6,496,000 Accounts receivable: Beginning

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Accounts receivable turnover and days' sales in receivables For two recent years, Robinhood Company reported the following: 20Y9 20Y8 Sales $7,847,000 $6,496,000 Accounts receivable: Beginning of year End of year 600,000 580,000 520,000 600,000 a. Determine the accounts receivable turnover for 2049 and 2048. Round answers to one decimal place. 2048: 5.8 2049: 6.65 X b. Determine the days' sales in receivables for 2049 and 20Y8. Use 365 days and round all calculations to one decimal place. 2048: 63 x days 20Y9: 55 X days c. Are the changes in the accounts receivable turnover and days' sales in receivables from 20Y8 to 2049 favorable or unfavorable? Favorable

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