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Accounts receivable turnover and days' sales in receivables For two recent years, Robinhood Company reported the following: 2019 20Y8 Sales $8,246,000 $7,018,000 Accounts receivable:
Accounts receivable turnover and days' sales in receivables For two recent years, Robinhood Company reported the following: 2019 20Y8 Sales $8,246,000 $7,018,000 Accounts receivable: Beginning of year 630,000 580,000 End of year 610,000 630,000 a. Determine the accounts receivable turnover for 20Y9 and 20Y8. Round answers to one decimal place. 20Y8: 20Y9: b. Determine the days' sales in receivables for 20Y9 and 20Y8. Use 365 days and round all calculations to one decimal place 20Y8: 20Y9: days days
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