PQR Corporation is analyzing its accounts receivable turnover. The following data is provided:

● Net Credit Sales: $2,000,000

● Beginning Accounts Receivable: $400,000

● Ending Accounts Receivable: Calculation

● Average Collection Period: Calculation

● Bad Debt Expense: 2% of Net Credit Sales

Calculate the following:

a) Accounts Receivable Turnover Ratio b) Days Sales Outstanding (DSO) c) Allowance for

Doubtful Accounts d) Net Realizable Value of Accounts Receivable e) Percentage Increase in

Accounts Receivable from Beginning to End of Year