Accounts Receivable Analysi fer both companies for tho recent years is as follows (in milions)...
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Accounts Receivable Analysi fer both companies for tho recent years is as follows (in milions) Credt card Credt card a. Determine the 1) a counts ecer able turnover and 2) the number of days "m in receivables fur both compan ns found your calculatons and ann ers bo one doornal place. Ass no 365 day.yea 880,000 10,000 L. Accounts receivable turnover 2. Number of days' sales in recelivable b. Xavier's accounts recevable turnover s much h days h han Lnt ade. The number of days' sales receivables i, lower soav er t for Lestrade. These diferences date that Xavier able to turn over its receivables more quickly than Lestrade. As a resuit, it takns Xaver tieto clct s receivables
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