atform/mod/qua/attempt.php?attempt :21 64082&scrollpos+207.27272033691406&q Menu CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 1 Partialy correct Mark...
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atform/mod/qua/attempt.php?attempt :21 64082&scrollpos+207.27272033691406&q Menu CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 1 Partialy correct Mark 2.40 out of 12.00 P Flag question Accounts Receivable Turnover and Average Collection Period VanPoole Corporation disclosed the following financial information (in millions) in its recent annual report 2012 2013 108.096 $121.200 Beginning Accounts Receivable (net) 7.870 7,690 7,6907,450 Net Sales Ending Accounts Receivable (net) a. Calculate the accounts receivable turnover ratio for both years. (Round your answer to two decimal points b. Calculate the average collection period for both years. (Use 365 days for calculation. Round to the nearest whole number.) c. Is the company's accounts receivable management improving or deteriorating? 2012 2013 a. Accounts receivable turnover b. Average collection period o x o X days c. The company's receivable management improved Check
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