The questions are already answered, I just need an explanation on how they got to their answers.

Use the company information provided below to answer each question. Round all answers to two decimal places.

Company A Company B,

Beginning Accounts Receivable $50,000, 60,000;

Ending Accounts Receivable 80,000, 90,000;

Net Credit Sales 550,000, 460,000.

What is company's A's accounts receivable turnover ratio ?

8.46 times

What is company's B's accounts receivable turnover ratio ?

6.13 times

What is the number of day's sales in receivables ratio for company A ?

43.14 days

What is the number of day's sales in receivables ratio for company B ?

59.54 days

Based off of your calculations, which company appears to convert accounts receivable to cash more efficiently ?

Company A