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A recent annual report for Dell, Inc., contained the following data 5 Accounts recevable Less Allowance for doubtful accounts Not accounts receivable Net sales assume
A recent annual report for Dell, Inc., contained the following data 5 Accounts recevable Less Allowance for doubtful accounts Not accounts receivable Net sales assume all on credit) (dollars in thousands) Current Year Previous Year 6.539 000 56,589,000 63,000 96 000 6.476.000 $ 6,493,000 62071,000 5 Required: 1. Determine the receivables turnover ratio and average days sales in receivables for the current year. (Use 365 days a year. Enter your answers in thousands not in dollars. Ratio values should be rounded to 2 decimal places.) Receivables Turnover Ratio Numerator Denominator Average Days Sales in Receivables Numerator Denominator
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