find ( a - b )

QUESTION 2 Part A The following data are taken from the financial statements of DW Company: 2019 2018 Monthly average accounts receivable RM 565,000 RM 700,000 Net sales on account RM6,200,000 RM7,000,000 Terms for all sales are 2/10, n/30 Instructions: (a) Compute the accounts receivable turnover and the average collection period for both years. (12 marks) (b) What conclusion can an analyst draw about the management of the accounts receivable? (2 marks)