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The Forrester Corporation disclosed the following financial information ( in millions ) in its recent annual report: a . Calculate the accounts receivable turnover ratio

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The Forrester Corporation disclosed the following financial information (in millions) in its recent annual report:
a. Calculate the accounts receivable turnover ratio for both years.
b. Calculate the average collection period for both years.
Notes:
Round all answers to one decimal place.
Use rounded answer from part a. to compute the average collection period.
c. Is the company's accounts receivable management improving or deteriorating?
improvingThe Forrester Corporation disclosed the following financial information (in millions) in its recent annual report: Accounts Receivable Turnover and Average Collection Period The Forrester Corporation disclosed the following financial information (in millions) in its recent annual report: a. Calculate the accounts receivable turnover ratio for both years. b. Calculate the average collection period for both years. Notes: 1. Round all answers to one decimal place. 2. Use rounded answer from part a. to compute the average collection period. c. Is the company's accounts receivable management improving or deteriorating?
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