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Company A had an Accounts Receivable balance of $700,000,$800,000, and $1,200,000 in years 2020,2021 , and 2022 , respectively. The company had Net Sales of
Company A had an Accounts Receivable balance of $700,000,$800,000, and $1,200,000 in years 2020,2021 , and 2022 , respectively. The company had Net Sales of $6,000,000 and $8,000,000 in years 2021 and 2022 , respectively. Prompt #2.4 [3 points] What is the percentage change in Accounts Receivable from 2020 to 2021?2021 to 2022? Is trend increasing, decreasing, or the same? Prompt #2.5 [3 points] What are the Accounts Receivable Turnovers Per Year for 2021 and 2022? Is the trend increasing, decreasing, or the same
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