The following financial statements are for Weber Inc. Weber Inc. Income Statement For Years Ended December 31, 2014, 2013, and 2012 2014 2013 2012 Sales 1,338,500 1,245,900 1,088,700 Cost of goods sold 754.900 831,000 687,800 Gross profit from sales 583,600 414,900 400,900 Operating expenses 279,400 292,300 257,000 Operating income 304,200 122,600 143,900 Interest expense 8,400 9,050 8,650 Income before taxes 295,800 113,550 135,250 Income taxes 55,500 51,500 47,000 Net income 240,300 62,050 88,250 Weber Inc. Balance Sheet December 31, 2014, 2013, and 2012 Assets 2014 Cash 45,800 Short-term investments 9,000 Accounts receivable, net 51,800 Merchandise inventory 103,900 Prepaid expenses 8,100 Notes receivable, due in 2017 10,500 Property, plant and equipment, net 154,000 Total assets 383,100 Liabilities and Equity Accounts payable 21,900 Salaries payable 8,300 Income taxes payable 39,800 Long-term note payable secured by mortgage on plant assets 48,000 Share capital 110,000 Retained earnings 155,100 Total liabilities and equity. 383,100 2013 48,300 8,000 43,500 103,900 9,700 10,500 131,000 354,900 2012 43,300 10,000 50,800 98,400 9,300 13,000 138,000 362,800 23,800 8,400 38,250 57,000 110,000 117,450 354,900 27,600 9,300 41,900 62,000 100,000 122,000 362,800 Compute the accounts receivable turnover below, and indicate whether the change from year to year is favourable or unfavourable. For your analysis, assume that all other things have remained constant. Apply your analysis in very general terms. All values should be accurate to at least two decimal places. Ratio 2014 2013 Measure of Analysis Accounts receivable turnover (select one) (select one)