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The financial statements of BCE Inc. reported net sales of $21,042 million for its year ended December 31, 2014, and $20,400 million for its year
The financial statements of BCE Inc. reported net sales of $21,042 million for its year ended December 31, 2014, and $20,400 million for its year ended December 31, 2013. Accounts receivable (net) were $2,999 million at December 31, 2014, $2,995 million at December 31, 2013, and $2,978 million at December 31, 2012. Calculate the company's accounts receivable turnover ratio for 2013 and 2014. (Round answers to 2 decimal places, e.g. 25.) Accounts receivable turnover ratio for 2013 times Accounts receivable turnover ratio for 2014 times Did accounts receivable turnover ratio improve in 2014
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