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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

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 a. Determine the accounts receivable turnover for 2009 and 20Y8. Round answers to one decimal place. 20Y8: 20Y9: 20Y8 20Y9 $8,379,000 $7,076,000 20Y9: 640,000 620,000 580,000 640,000 b. Determine the days' sales in receivables for 2009 and 20Y8. Use 365 days and round all calculations to one decimal place. 20Y8: days days c. Are the changes in the accounts receivable turnover and days' sales in receivables from 20Y8 to 20Y9 favorable or unfavorable?
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Accounts receivable turnover and days' sales in receivables For two recent years, Robinhood Company reported the following: a. Determine the accounts receivable turnover for 20Y9 and 20 Y8. Round answers to one decimal place. 20Y8: 20Y9: b. Determine the days' sales in receivables for 20Y9 and 20 Y8. Use 365 days and round all calculations to one decimal place. 20Y8:20Y9:daysdays c. Are the changes in the accounts receivable turnover and days' sales in receivables from 20 Y8 to 20Y9 favorable or unfavorable

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