E Business Course Return to course Support WSARCH Accounts Receivable Turnover and Average Collection Period The Bud Miller Corporation disclosed the following financial information (in Millions) in its recent annual report: 2018 2019 Net Sales $97,096 5111,662 Beginning Accounts Receivable (net) 6,450 6,355 Ending Accounts Receivable (net) 6,355 6,598 a. Calculate the accounts receivable turnover ratio for both years. (Round your answer to two decimal points.) b. Calculate the average collection period for both years. (Use 365 days for calculation. Round to the nearest whole number c. Is the company's accounts receivable management improving or deteriorating? 2018 2019 0 0 a. Accounts receivable turnover 5. Average collection period The company's receivable management 0 0 Check Save Answers Escribe aqu para buscar