Problem 4 Accounts Receivable Turnover 7 points During 2020 ABC Company's accounts receivable averaged $820,000 ABC's income statement included net sales 88,364,000, uncollectible accounts expense of 590,000, and net income of S620,000. Assume 365 days in a year. A: Compute ABC's accounts receivable turnover ratio in 2020 (carry number to one tenth): times B: What is the average days outstanding for accounts receivable (carry number to one-tenth) days C: Evaluate the accounts receivable turnover based on the following 2019 AR Turnover 9.5 times 2018 AR Turnover 9.2 times 2017 AR Turnover 8.0 times 2020 AR Turnover From above Industry Average AR Turnover 10 times Evaluation