Presented below is information for Carla Company.

1.		Beginning-of-the-year Accounts Receivable balance was $21,400.
2.		Net sales (all on account) for the year were $105,300. Carla does not offer cash discounts.
3.		Collections on accounts receivable during the year were $81,300.

Compute Carlas accounts receivable turnover and days to collect receivables for the year. The company does not believe it will have any bad debts. (Round answers to 2 decimal places, e.g. 4.57.)

Accounts receivable turnover		?	times
Days to collect accounts receivable		?	days

Use the results to analyze Carla's liquidity. The turnover ratio last year was 5.7.

This is a

bad/good

trend in liquidity?