The accounts receivable turnover rate for Big Men's Wear has gone from an average of 10.8 times to 10.2 times per year.How has this change affected the firm's accounts receivable period?

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Days in receivables = 365/10.8 = 33.80 days; Days in receivables = 365/10.2 = 35.78 days; Change in days = 35.78 - 33.80 = 1.98 days; The days in receivables increased by 1.98 days.

The Accounts Receivable Turnover Rate for Big Men's Wear Has