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Financial statement data for years ending December 31 for Blum Company are shown below. Determine the accounts receivable turnover for 2014 and 2013. Round your
Financial statement data for years ending December 31 for Blum Company are shown below. Determine the accounts receivable turnover for 2014 and 2013. Round your answers to one decimal place. Determine the number of days' sales in receivables for 2014 and 2013. Use 365 days in a year in your computations. Round interim calculations and your final answers to one decimal place. Does the change in accounts receivable turnover and the number of days' sales in receivables from 2013 to 2014 indicate a favorable or an unfavorable trend
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