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The following data are available for Nelson Company: Year 1 $1,192,320 164,000 606,000 80,000 Year 2 $1,139,600 180,000 500,800 72.000 Sales Beginning accounts Receivable Cost

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The following data are available for Nelson Company: Year 1 $1,192,320 164,000 606,000 80,000 Year 2 $1,139,600 180,000 500,800 72.000 Sales Beginning accounts Receivable Cost of goods sold Ending Accounts Receivable Determine for each year: Dale a auen (a) accounts receivable turnover. Year 2 (Current) ,154,60 Ci80,000 Year 1 (Previous) (b) Number of days' sales in receivables. Round your answers to one decimal place. Year 2 (Current) Year 1 (Previous) (c) What conclusions can be drawn from these data concerning the inventories

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