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Accounts receivable turnover and days' sales in receivables For two recent years, Robinhood Company reported the following: 2079 2018 Sales $7.973,000 $6,669,000 Accounts receivable Beginning
Accounts receivable turnover and days' sales in receivables For two recent years, Robinhood Company reported the following: 2079 2018 Sales $7.973,000 $6,669,000 Accounts receivable Beginning of year 000.000 540,000 End of year 500,000 600,000 Determine the accounts receivable turnover for 2049 and 2018. Round your answers to one decimal place. 2013 2079 b. Determine the day sales in recevables for 2019 and 20. Assume 365 days in a year Round intermediate calculations and final answers to one decimal place. 2018 2009: laars days c. Are the changes in the counts receivable turnover and day sales in receivables from 2010 to 2019 favorable or unavoie PM
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