please dont provide solution image based answers thanku Analyze DISH NetworkDISH Network Corporation (DISH) provides satellite-based entertainment services to residential and business customers. Services are billed and collected on amonthly basis. DISH Network reported the following (in millions) for two recent years:2014$15,0342013$15,069SalesAccounts receivable:Beginning of year864End of year753a. Determine the accounts receivable turnover for 20Y3 and 20Y4. Round to one decimal place.20Y495186420Y3Accounts Receivable Turnoverb. Compute the number of days' sales in receivables for 2013 and 2014. Use 365 days and round all calculations to one decimal place.20132014Number of Days' Sales in Receivablesdaysdaysc. The change in the accounts receivable turnover from 2013 to 20Y4 indicates a(n) [trend. The change in the days' sales in receivables is a(n) (in the efficiency of collecting accounts receivable and is a(n)trend.

The accounts receivable turnover ratio indicates the number of times the inventory was sold. The…

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: 2014 $15,034 2013 $15,069 Sales Accounts receivable: Beginning of year 864 End of year 753 a. Determine the accounts receivable turnover for 2013 and 2014. Round to one decimal place. 2014 951 864 2013 Accounts Receivable Turnover b. Compute the number of days' sales in receivables for 2013 and 2014. Use 365 days and round all calculations to one decimal place. 2013 2014 Number of Days' Sales in Receivables days days c. The change in the accounts receivable turnover from 2013 to 2014 indicates a(n)) trend. The change in the days' sales in receivables is a(n) i in the efficiency of collecting accounts receivable and is a(n) trend.

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: 2014 $15,034 2013 $15,069 Sales Accounts receivable: Beginning of year 864 End of year 753 a. Determine the accounts receivable turnover for 2013 and 2014. Round to one decimal place. 2014 951 864 2013 Accounts Receivable Turnover b. Compute the number of days' sales in receivables for 2013 and 2014. Use 365 days and round all calculations to one decimal place. 2013 2014 Number of Days' Sales in Receivables days days c. The change in the accounts receivable turnover from 2013 to 2014 indicates a(n)) trend. The change in the days' sales in receivables is a(n) i in the efficiency of collecting accounts receivable and is a(n) trend.

Financial Accounting

14th Edition

ISBN:9781305088436

Author:Carl Warren, Jim Reeve, Jonathan Duchac

Publisher:Carl Warren, Jim Reeve, Jonathan Duchac

Chapter9: Receivables

Section: Chapter Questions

Problem 5CP

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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: 20Y4 20Y3 Sales $15,034 $15,069 Accounts receivable: Beginning of year 864 951 End of year 753 864 a. Determine the accounts receivable turnover for 20Y3 and 20Y4. Round to one decimal place. 20Y3 20Y4 Accounts Receivable Turnover fill in the blank 1 fill in the blank 2 b. Compute the number of days’ sales in receivables for 20Y3 and 20Y4. Use 365 days and round all calculations to one decimal place. 20Y3 20Y4 Number of Days’ Sales in Receivables fill in the blank 3 days fill in the blank 4 days c. The change in the accounts receivable turnover from 20Y3 to 20Y4 indicates a(n) in the efficiency of collecting accounts receivable and is a(n) trend. The change…
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