X ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/questio Assignment 13 - Chapter 17 Saved Help Save & Exit Subom 7. You review the below information for your daycare business and it reveals decreasing profits despite increasing sales. You hire an analyst who highlights several points, including that "Accounts receivable turnover is too low. Tighter credit policies are recommended along with discontinuing service to those most delayed in payments." Net sales Accounts receivable Profit 2020 $1,487,000 457,750 395,000 2019 $1,079,000 116,750 413,500 2018 $988,090 87,250 425,650 o oints Calculate the account receivable turnover for 2020 and 2019. Indicate whether the change in accounts receivable turnover is favourable or unfavourable. (Round the final answers to 2 decimal places.) Print 2020 2019 Accounts receivable turnover times times X ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/questio Assignment 13 - Chapter 17 Saved Help Save & Exit Subom 7. You review the below information for your daycare business and it reveals decreasing profits despite increasing sales. You hire an analyst who highlights several points, including that "Accounts receivable turnover is too low. Tighter credit policies are recommended along with discontinuing service to those most delayed in payments." Net sales Accounts receivable Profit 2020 $1,487,000 457,750 395,000 2019 $1,079,000 116,750 413,500 2018 $988,090 87,250 425,650 o oints Calculate the account receivable turnover for 2020 and 2019. Indicate whether the change in accounts receivable turnover is favourable or unfavourable. (Round the final answers to 2 decimal places.) Print 2020 2019 Accounts receivable turnover times times