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Accounts Recelvable Turnover and Days' Sales in Receivables For two recent years, Rosco Co. reported the following: Year 2 Year 1 Sales $5,650,200 $5,420,250 Accounts

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Accounts Recelvable Turnover and Days' Sales in Receivables For two recent years, Rosco Co. reported the following: Year 2 Year 1 Sales $5,650,200 $5,420,250 Accounts receivable 664,300 649,700 Assume that the accounts receivable were $554,800 at the beginning of Year 1 a. Compute the accounts receivable turnover for Year 2 and Year 1. Rond to one decimal place. Year 2: Year 1: b. Compute the days sales in receivables at the end of Year 2 and Year 1. Use 365 days per year in your calculations. Round to one decimal place. Year 2: Year 1: c. The change in the accounts receivable turnover from year 1 to year 2 indicates a(n) receivable and is a(n) days days in the efficiency of collecting accounts Y trend. The change in the days' sales in receivables indicates a(n) trend

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