Analyze DISH Network DISH Network Corporation (DISH) provides satellite-based entertainment services to residential and business customers....

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Analyze DISH Network DISH Network Corporation (DISH) provides satellite-based entertainment services to residential and business customers. Services are billed and collected on a monthly basis. DISH Network reported the following (in millions) for two recent years: Sales Accounts receivable: Year 2 Year 1 $17,881 $15,493 Beginning of year End of year 1,104 943 588 1,104 a. Determine the accounts receivable turnover for Year 1 and Year 2. Round your answers to one decimal place. Accounts Receivable Turnover Year 1 Year 2 b. Compute the days' sales in receivables for Year 1 and Year 2. Assume 365 days in a year. For interim computations, carry amounts out to one decimal place. Round your final answers to one decimal place. Days' Sales in Receivables Year 1 days Year 2 days Analyze Ralph Lauren Ralph Lauren Corporation (RL) designs, markets, and distributes a variety of apparel, home décor, accessory, and fragrance products. The company's products include such brands as Ralph Lauren, Polo by Ralph Lauren, and Chaps. For two recent years, the company reported the following (in millions): Sales Accounts receivable (end of year) Year 2 Year 1 $4,400.8 $6,159.8 451.5 277.1 The accounts receivable at the beginning of Year 1 was $398.1 million. a. Compute the accounts receivable turnover for Year 1 and Year 2. For interim computations, carry amounts out to one decimal place. Round your final answers to one decimal place. Accounts Receivable Turnover Year 2 19.5 X Year 1 44.5 X b. Compute the days' sales in receivables for Year 1 and Year 2. Assume 365 days in a year. For interim computations, carry amounts out to one decimal place. Round your final answers to one decimal place. Year 2 Year 1 Days' Sales in Receivables 37.3 X days 16.4 X days c. The accounts receivable turnover has decreased There appears to be a(n) decrease between the two years. In addition, the days' sales in receivables increased ✓ in the efficiency in collecting accounts receivable between the two years. x. Ralph Lauren Corporation (RL) designs, markets, and distributes a variety of apparel, home décor, accessory, and fragrance products. The company's products include such brands as Ralph Lauren, Polo by Ralph Lauren, and Chaps. For two recent years, the company reported the following (in millions): Sales Accounts receivable (end of year) Year 2 $4,400.8 451.5 Year 1 $6,159.8 277.1 The accounts receivable at the beginning of Year 1 was $398.1 million. Victoria's Secret & Co. (VSCO) Victoria's Secret & Co. (VSCO) is a specialty retailer of apparel and beauty products. Victoria's Secret reported the following (in millions) for two recent years: Sales Accounts receivable: Beginning of year End of year Year 2 Year 1 $6,785 $5,413 121 135 162 121 a. Compute the accounts receivable turnover ratios for Ralph Lauren and Victoria's Secret. Average the accounts receivable turnover ratio for the two years. For interim computations, carry amounts out to one decimal place. Round your final answers to one decimal place. Ralph Lauren: Victoria's Secret: Accounts Receivable Turnover Ratios Analyze Victoria's Secret Victoria's Secret & Co. (VSCO) is a specialty retailer of apparel and beauty products. Victoria's Secret reported the following (in millions) for two recent years: Year 2 Year 1 Sales Accounts receivable: $6,785 $5,413 Beginning of year 121 135 End of year 162 121 a. Determine the Accounts receivable turnover for Year 1 and Year 2. For interim computations, carry amounts out to one decimal place. Round your final answers to one decimal place. Year 1 Year 2 Accounts Receivable Turnover b. Compute the days' sales in receivables for Year 1 and Year 2. Assume 365 days in a year. For interim computations, carry amounts out to one decimal place. Round your final answers to one decimal place. Year 1 Year 2 Days' Sales in Receivables days days Analyze DISH Network DISH Network Corporation (DISH) provides satellite-based entertainment services to residential and business customers. Services are billed and collected on a monthly basis. DISH Network reported the following (in millions) for two recent years: Sales Accounts receivable: Year 2 Year 1 $17,881 $15,493 Beginning of year End of year 1,104 943 588 1,104 a. Determine the accounts receivable turnover for Year 1 and Year 2. Round your answers to one decimal place. Accounts Receivable Turnover Year 1 Year 2 b. Compute the days' sales in receivables for Year 1 and Year 2. Assume 365 days in a year. For interim computations, carry amounts out to one decimal place. Round your final answers to one decimal place. Days' Sales in Receivables Year 1 days Year 2 days Analyze Ralph Lauren Ralph Lauren Corporation (RL) designs, markets, and distributes a variety of apparel, home décor, accessory, and fragrance products. The company's products include such brands as Ralph Lauren, Polo by Ralph Lauren, and Chaps. For two recent years, the company reported the following (in millions): Sales Accounts receivable (end of year) Year 2 Year 1 $4,400.8 $6,159.8 451.5 277.1 The accounts receivable at the beginning of Year 1 was $398.1 million. a. Compute the accounts receivable turnover for Year 1 and Year 2. For interim computations, carry amounts out to one decimal place. Round your final answers to one decimal place. Accounts Receivable Turnover Year 2 19.5 X Year 1 44.5 X b. Compute the days' sales in receivables for Year 1 and Year 2. Assume 365 days in a year. For interim computations, carry amounts out to one decimal place. Round your final answers to one decimal place. Year 2 Year 1 Days' Sales in Receivables 37.3 X days 16.4 X days c. The accounts receivable turnover has decreased There appears to be a(n) decrease between the two years. In addition, the days' sales in receivables increased ✓ in the efficiency in collecting accounts receivable between the two years. x. Ralph Lauren Corporation (RL) designs, markets, and distributes a variety of apparel, home décor, accessory, and fragrance products. The company's products include such brands as Ralph Lauren, Polo by Ralph Lauren, and Chaps. For two recent years, the company reported the following (in millions): Sales Accounts receivable (end of year) Year 2 $4,400.8 451.5 Year 1 $6,159.8 277.1 The accounts receivable at the beginning of Year 1 was $398.1 million. Victoria's Secret & Co. (VSCO) Victoria's Secret & Co. (VSCO) is a specialty retailer of apparel and beauty products. Victoria's Secret reported the following (in millions) for two recent years: Sales Accounts receivable: Beginning of year End of year Year 2 Year 1 $6,785 $5,413 121 135 162 121 a. Compute the accounts receivable turnover ratios for Ralph Lauren and Victoria's Secret. Average the accounts receivable turnover ratio for the two years. For interim computations, carry amounts out to one decimal place. Round your final answers to one decimal place. Ralph Lauren: Victoria's Secret: Accounts Receivable Turnover Ratios Analyze Victoria's Secret Victoria's Secret & Co. (VSCO) is a specialty retailer of apparel and beauty products. Victoria's Secret reported the following (in millions) for two recent years: Year 2 Year 1 Sales Accounts receivable: $6,785 $5,413 Beginning of year 121 135 End of year 162 121 a. Determine the Accounts receivable turnover for Year 1 and Year 2. For interim computations, carry amounts out to one decimal place. Round your final answers to one decimal place. Year 1 Year 2 Accounts Receivable Turnover b. Compute the days' sales in receivables for Year 1 and Year 2. Assume 365 days in a year. For interim computations, carry amounts out to one decimal place. Round your final answers to one decimal place. Year 1 Year 2 Days' Sales in Receivables days days

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a Accounts Receivable Turnover Year 1 Accounts Receivable Turnover Sales Year 1 Average Accounts Receivable Year 1 Sales Year 1 15493 million Average Accounts Receivable Year 1 Beginning of year End o... View the full answer