$4$

Geisel, Inc. reported net sales revenue of $$529,000$ in $2018$ and $$627,000$ in $2019.$ The company's ending net receivables were $$121,000$ during $2017$ and $$127,000$ during $2018.$ At December $31,2019,$ the company had Accounts Receivable of $$143,000$ and an unadjusted debit balance in its Allowance for Doubtful Accounts account of $$1,700.$ The company reported Bad Debt Expense of $$5,920$ during $2019.$

Required:

a$.$ Determine the net receivables at December $31,2019.$

b$.$ Calculate the receivables turnover ratio for $2018$ and $2019.$

c$.$ Calculate the days to collect for $2018$ and $2019.$

Complete this question by entering your answers in the tabs below.

Required $A$

Determine the net receivables at December $31,2019.$

Net receivables