00s.google.com Butt' Synd... 6 Discussions List - ACCT-2301 6001 8W1 Principles... My Drive - Google Drive Discussion 5 Questions (AC 2 The chief financial officer of Pinterest Inc. is working to keep revenue flowing without alienating cash-strapped advertisers that use its online image sharing platform. Pinterest relies on retailers and packaged-goods companies for ad revenue, and in recent weeks it received a number of requests for payment extensions from advertisers struggling with the fallout from pandemic-related lockdowns, CFO Todd Morgenfeld said. Several advertisers asked to discuss payment terms related to invoices. So far, Pinterest hasn't granted recurring extensions, but executives discussed specific invoices with some advertisers facing extreme circumstances, Mr. Morgenfeld said. San Francisco-based Pinterest last month reported a net loss of $141 million for the quarter ended March 31, slightly larger than what analysts expected. Its loss widened from a $41 million loss for the same quarter last year. Global average revenue per user was 77 cents for the quarter, up 7% from a year earlier. The company said it had 367 million global monthly active users, a 26% increase from a year earlier. Pinterest, like other businesses seeking payments amid the pandemic, has devoted more time to deciding whether to grant advertising customers recurring extensions for payments or risk jeopardizing long-term relationships, Mr. Morgenfeld said. "On both sides of that equation, there are opportunities and risks," he said. Mr. Morgenfeld said he consulted with finance and sales executives at the company in deciding whether to grant advertisers a break on payment deadlines. "We've had a lot of dialogue around things like payment extensions that I've tried to turn from tactical conversations into relationship-building conversations," he said. Pinterest's days sales outstanding - which measures the average number of days between a sale and a payment -- rose to 88.68 in March from 60.09 in December, indicating advertisers were taking longer to pay even before the pandemic began, according to data from CreditRiskMonitor, a provider of commercial credit reports. In addition to his duties as CFO, Mr. Morgenfeld began overseeing sales and marketing efforts in April after Francoise Brougher stepped down as chief operating officer. The company has declined to comment on Ms. Brougher's exit. Pinterest is pushing to retain advertisers with plans to share more analytics on how consumers use its platform to demonstrate how ad spend on it translates into sales. 1) From whom does Pinterest hold accounts receivable? For what service(s)? 2) What requests has Pinterest received from its customers? 3) What are typical terms for customers requesting extension of time to pay on accounts receivable? 4) What is the formula for calculating days' sales outstanding? 5) Pinterest Inc.'s days' sales outstanding ratio rose between December 2019 and March 2020. Explain the meaning of that increase in this financial statement ratio. MacBook go 000 a DI FB F4 F5 F7 F9 F10 % A & * ) 4 5 6 7 8 9 O C