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Selected Accounts FY 2020 FY 2019 FY 2018 Current Assets $ $ $ 1,350,000 1,256,000 1,450,000 1,556,000 Net Cash Revenue/Sales $ $ $ Net Credit
Selected Accounts FY 2020 FY 2019 FY 2018 Current Assets $ $ $ 1,350,000 1,256,000 1,450,000 1,556,000 Net Cash Revenue/Sales $ $ $ Net Credit Revenue/Sales $ $ $ 301,800 1,400,000 1,456,000 396,500 1,852,500 200,000 110,000 Total Net Revenue $ $ 285,400 1,541,400 250,000 105,000 $ Inventory $ $ $ 1,857,800 280,000 120,000 Accounts Receivable $ $ (a) Calculate FY 2019 Accounts Receivable Turnover in times and days. All calculations must be 2-decimal places. (5%) (b) Forget about competitors or industry index, was the days calculation in (a) good or bad? Please explain in Ouder 106TUS 5%) (C) Provide one (1) recommendation for improvement, if any 5%
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