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Quasar, Inc. sells clothing, accessories, and personal care products for men and women through its retail stores. Quasar reported the following data for two recent

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Quasar, Inc. sells clothing, accessories, and personal care products for men and women through its retail stores. Quasar reported the following data for two recent years: Year 2 Year 1 Sales $2,188,175 $2,125,760 193,450 Accounts receivable 186,150 Assume that accounts receivable were $215,350 at the beginning of Year 1. a. Compute the accounts receivable turnover for Year 2 and Year 1. Round to one decimal place. Year 2: Year 1: b. Compute the days' sales in receivables for Year 2 and Year 1. Round interim calculations and final answers to one decimal place. Use 365 days per year in your calculations. Year 2: days Year 1: C. The change in accounts receivable turnover from year I to year 2 indicates an increase in the efficiency of collecting accounts receivable and is (n) favorable change. The change in the days' sales in receivables indicates an) favorable change

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