Accounts receivable turnover and days' sales in receivables For two recent years, Robinhood Company reported...
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Accounts receivable turnover and days' sales in receivables For two recent years, Robinhood Company reported the foliowing: a. Determine the accounts receivabie turnover for 209 and 20Y8. Round answers to one decimal place. 20Y8; 20Y9: b. Determine the days' sales in receivables for 20Y9 and 20 Y8. Use 365 days and round all calculations to one decimal place. 20Yg= days 20r9 : days c. Are the changes in the accounts receivable turnover and days' sales in receivables from 20y8 to 20y9 favorable or unfavorable
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