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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 $1,112,520 $1,138,800 Accounts receivable 87,600 87,600 Assume that accounts receivable were $102,200 at the beginning of Year 1 5. Compute the accounts receivable turnover for Year 2 and Year 1. Round to one decimal place. Year 2: Year 1: b. Compute the days' sales in receivables for Year 2 nd Year 1. Round interim calculations and final answers to one decimal place. Use 365 dari per year in your calculations Year 2: days Year 1: days c. The change in accounts receivable turnover from year I to year 2 indicates an) change. The change in the day sales in receivables indicates an) in the efficiency of collecting accounts receivable and is an change

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