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Compute number of days sales in receivables for year

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Reference no: EM132570038

$ in millions          year 2                year 1

sales                     7,230               7,451

AR                            517                       655

Accounts receivable beginning of the year was 588 M

Question a. Compute the AR turnover for year 1 and year 2.

Question B Compute number of days sales in receivables for year 1 and year 2. USe 365 days.

Question C. What conclusions can be assumed regarding efficiency when Ralph Lauren is collecting receivables?

Reference no: EM132570038

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