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My Subscriptions O LIWEI ZHANG Finish attempt.. R eBook Print O Vis Question 6 Not complete Marked out of 2.00 P Rag question Accounts Receivable

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My Subscriptions O LIWEI ZHANG Finish attempt.. R eBook Print O Vis Question 6 Not complete Marked out of 2.00 P Rag question Accounts Receivable Turnover and Average Collection Period The Forrester Corporation disclosed the following financial information (in millions) in its recent annual report 2015 2016 Net Sales $71,050 $81,662 Beginning Accounts Recevable (net) Ending Accounts Receivable (net) 3.896 4100 4,100 3.596 a. Calculate the accounts receivable turnover ratio for both years. (Round 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? 2015 2016 0 a. Accounts receivable turnover b. Average collection period c. The company's receivable management Check Next O O Previous Save Answers He Reseried 1hincot . en Bly e R Supead

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