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Rosco Co. manufactures and markets food products throughout the world. The following sales and receivable data were reported by Rosco for two recent years. counts
Rosco Co. manufactures and markets food products throughout the world. The following sales and receivable data were reported by Rosco for two recent years. counts Receivable Turmover and Days' Sales in Receivables sco Co. manufactures and markets food products throughout the world. The following sales and receivable data were reported by Rosco for two cent years: Year 2 Year 1 ales ccounts receivable ssume that the accounts receivable were $357,700 at the beginning of Year 1. . Compute the accounts receivable turnover for Year 2 and Year 1. Round to one decimal place. ear 2: ear 1: . Compute the days' sales in receivables at the end of Year 2 and Year 1. Use 365 days per year in your calculations. Round to one decimal place. Year 2: Year 1: . The change in the accounts receivable turnover from year 1 to year 2 indicates a(n) eceivable and is a(n) $4,398,615 $4,139,830 30,700 423,400 days days in the efficiency of collecting accounts change. The change in the days sales in receivables indicates a(n) change
Rosco Co. manufactures and markets food products throughout the world. The following sales and receivable data were reported by Rosco for two recent years.
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