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For each of last two years: Compute: (1) days' sales uncollected, (2) accounts receivable turnover,...

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Accounting

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For each of last two years: Compute: (1) days' sales uncollected, (2) accounts receivable turnover, (3) inventory turnover, and (4) days' sales in inventory. For each ratio, determine if it improved or worsened in the current year. Round to one decimal. (5) If the CEO asked how much accounts receivables dollars would decrease if DSO dropped 5 days? (6) If the CEO asked how much Merchandise Inventory dollars would decrease if DSI dropped 5 days

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