Dahlia Corporation has a current accounts receivable balance of $448,016. Credit sales for the year just ended were $9,153,500.
What is the receivables turnover? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.
What is the days’ sales in receivables? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.
How long did it take, on average, for credit customers to pay off their accounts during the past year? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.