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Hole 8 You review the below information for your daycare business and it reveals decreasing profits despite increasing sales You nee analyst who highlights several
Hole 8 You review the below information for your daycare business and it reveals decreasing profits despite increasing sales You nee analyst who highlights several points, including that "Accounts receivable turnover is too low lighter credit porties are recommended along with discontinuing service to those most delayed in payments Net sales Accounts receivable Profit 2020 $1,552,500 437,500 453,000 2019 2018 $1,688,500 $984,000 29,500 72,750 459,99 500,90 Prince Calculate the account receivable turnover for 2020 and 2019. Indicate whether the change in accounts receivable turnover favourable or unfavourable (Round the final answers to 2 decimal places.) 2020 2017 time mas Accounts receivable burnover
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