- progress false ebook Show Me How Calculator Note Receivable Prefix Supply Company received a 120-day, 8% note for $450,000, dated April 9 from a customer on account. Assume 350 days in a year a. Determine the due date of the note. August 7 b. Determine the maturity value of the note Feedback Check My Work The due date is the date the note is to be paid. Assume a 360 day year. The maturity value is the amount that must be paid at the due date of the note. C. Journalize the entry to record the receipt of the payment of the note at maturity. If an amount box does not require an entry leave it! blank, Aug. 7 Previous Next > Check My Work o e B 5 Show Me How Calculator Accounts receivable turnover and days' sales in receivables For two recent years, Robinhood Company reported the following: 2019 2048 Sales $7,906,000 $6,726,000 Accounts receivable: Beginning of year 600,000 540,000 End of year 580,000 600,000 a. Determine the accounts receivable turnover for 2019 and 2048. Round answers to one decimal place. 2048: 2089: b. Determine the days' sales in receivables for 20y9 and 2018. Use 365 days and round all calculations to one decimal place. 2018: 2049: days days C. Are the changes in the accounts receivable turnover and days' sales in receivables from 2018 to 20y9 favorable or unfavorable? Previous Check My Work A7 D 0 3 /28/2020