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Accounts Receivable Turnover and Days' Sales in Receivables Quasar, Inc. sells clothing, accessories, and personal care products for men and women through its retail stores.

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Accounts Receivable Turnover and Days' Sales in Receivables Quasar, Inc. sells clothing, accessories, and personal care products for men and women through its retail stores. Quasar reported the following data for two recent years: Year 2 Year 1 Sales $2,098,750 $2,147,295 Accounts receivable 186,150 178,850 Assume that accounts receivable were $208,050 at the beginning of Year 1. a. Compute the accounts receivable turnover for Year 2 nd Year 1. Round to one decimal place. Year 2: Year 1: b. Compute the days' sales in receivables for Year 2 and Year 1. Round interim calculations and final answers to one decimal place. Use 3o5 days per year in your calculations Year 2 days Year 1 days c. The change in accounts receivable turnover from year 1 to year 2 indicates a(n) change. The change in the days'sales in receivables indicates a(n) in the efficiency of collecting accounts receivable and is an) change

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