Accounts receivable turnover and days' sales in receivables For two recent years, Robinhood Company reported the...

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Accounts receivable turnover and days' sales in receivables For two recent years, Robinhood Company reported the following: Sales Accounts receivable: Beginning of year End of year 2019 20YS $7,830,000 $6,554,000 590,000 570,000 540,000 590,000 a. Determine the accounts receivable turnover for 2019 and 20Y8. Round answers to one decimal place. 20Y8: 13.5 X 2019: 11.6 X b. Determine the days' sales in receivables for 2019 and 2018. Use 365 days and round all calculations to one decimal place. 2018: 2019: days days c. Are the changes in the accounts receivable turnover and days' sales in receivables from 20Y8 to 2019 favorable or unfavorable? Favorable Feedback Accounts receivable turnover and days' sales in receivables For two recent years, Robinhood Company reported the following: Sales Accounts receivable: Beginning of year End of year 2019 20YS $7,830,000 $6,554,000 590,000 570,000 540,000 590,000 a. Determine the accounts receivable turnover for 2019 and 20Y8. Round answers to one decimal place. 20Y8: 13.5 X 2019: 11.6 X b. Determine the days' sales in receivables for 2019 and 2018. Use 365 days and round all calculations to one decimal place. 2018: 2019: days days c. Are the changes in the accounts receivable turnover and days' sales in receivables from 20Y8 to 2019 favorable or unfavorable? Favorable Feedback