Accounts Receivable Turnover and Number od Days' Sales in Receivables

Financial Statement data for years ending December 31 for Blum Company are shown below.

2016 Data on left, 2015 Data on Right

Sales $5,256,000 --- $4,743,540

Accounts receivable:

Beginning of Year $402,960 --- $443,150

End of year $473,040 --- $389,050

a. Determine the accounts receviable turnover for 2016 and 2015. Round your answers to one decimal place.

Accounts Receivable Turnover

2016 $__________

2015 $__________

b. Determine the number of days' sales in receivables for 2016 and 2015. Use 365 days in a year in your computations. Round to one decimal place.

Number of Days' Sales in Receivables

2016 ___ days

2015 ___ days

c. Does 2015 to 2016 indicate a favorable or unfavorable trend?