Financial statement data for years ending December 31 for Blum Company are shown below.

	2016		2015
Sales	$6,751,040		$6,168,500
Accounts receivable:
Beginning of year	456,690		505,340
End of year	536,110		443,660

a. Determine the accounts receivable turnover for 2016 and 2015. Round your answers to one decimal place.

	Accounts Receivable Turnover
2016
2015

b. Determine the number of days' sales in receivables for 2016 and 2015. Use 365 days in a year in your computations. Round interim calculations and your final answers to one decimal place.

	Number of Days' Sales in Receivables
2016	days
2015	days

c. Does the change in accounts receivable turnover and the number of days' sales in receivables from 2015 to 2016 indicate a favorable or an unfavorable trend? Favorable

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Classic Company reported the following:

	For the Period Ending
	Year 2		Year 1
Sales	$5,026,050		$5,035,175
Accounts receivable	584,000		598,600

Assume that accounts receivable were $532,900 at the beginning of Year 1.

a. Compute the accounts receivable turnover for Year 2 and Year 1. Round to one decimal place.

Year 2:
Year 1:

b. Compute the days' sales in receivables for Year 2 and Year 1. Round to one decimal place. Use 365 days per year in your calculations.

Year 2:	days
Year 1:	days

c. The change in the accounts receivable turnover from year 1 to year 2 indicates a(n) in the efficiency of collecting accounts receivable and is a(n) trend. The change in the days' sales in receivables is a(n) trend.

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Quasar, Inc. reported the following:

	Year 2		Year 1
Sales	$1,596,875		$1,620,600
Accounts receivable	131,400		124,100

Assume that accounts receivable were $146,000 at the beginning of Year 1.

a. Compute the accounts receivable turnover for Year 2 and Year 1. Round to one decimal place.

Year 2:
Year 1:

b. Compute the days' sales in receivables for Year 2 and Year 1. Round interim calculations and final answers to one decimal place. Use 365 days per year in your calculations.

Year 2:	days
Year 1:	days