7 Dome Metals has credit sales of $504,000 yearly with credit terms of net 60 days, which is also the average collection period. Dome does not offer a discount for early payment, so its customers take the full 60 days to pay. a. What is the average receivables balance? (Use a 360-day year.) 4 points Average receivables balance 02:00:27 b. What is the receivables turnover? (Use a 360-day year.) Receivables turnover times