Declan Inc. calculated its accounts receivable turnover for $2017$ to be $20\mathrm{.}0.$ Both years prior to $2017$ showed accounts receivable turnovers to be $12\mathrm{.}0.$ Based on this information, what is the best explanation for the change?

The company had fewer accounts receivable in $2017$ than the prior two years.

The company had more sales in $2017$ than in the prior two years.

The company had fewer sales in $2017$ than in the prior two years.

The company took longer to collect their accounts receivable in $2017$ than the prior two years.

None of the answer choices is correct.

Question $21$

$1$ pts

All of the following account balances would typically be used to calculate a current ratio except:

sales.

accounts receivable.

accounts payable.

cash.

None of the answer choices is correct.