Accounts Receivable Turnover The following data (in millions) were adapted from recent financial statements of Apple Inc. (AAPL). Sales Operating income Average net accounts receivable Year 2 Year 1 $260,174 $265,595 63,930 23,056 70,898 20,530 1. Compute the accounts receivable turnover for Years 1 and 2. Itound to one decimal place. Accounts Receivable Turnover Year 2 Year 1 2. Compute days' sales in receivables for Years 1 and 2. Assume there are 365 days in a year, and round to nearest day. Number of Days' Sales Year 2 Year 1 in Receivables days days 3. Compute the return on sales for Years 1 and 2. Round to one decimal place. Year 2 Year 1 Return on Sales % % 4. Apple's accounts receivable turnover in Year 2 has change. Apple's return on sales in Year 2 has ( Check My Work 1 more Check My Work uses remaining. This is slightly. Days' sales in receivables has change. This is Previous Next