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Accounts receivable Accounts payable This Year Previous Year $32,000 $39,000 47,000 36,000 205,800 128,000 4,000 2,300 47,000 16,000 Sales Sales returns Retained earnings Dividends declared

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Accounts receivable Accounts payable This Year Previous Year $32,000 $39,000 47,000 36,000 205,800 128,000 4,000 2,300 47,000 16,000 Sales Sales returns Retained earnings Dividends declared and paid Net income Required: 5,000 36,000 1,000 9,000 1. Calculate the net profit margin and accounts receivable turnover for the this year. Assume a 365-day year. Round your answers to two decimal places This Year Net profit margin 17.84 % Accounts receivable turnover 5.68 2. How much profit does Nash make on each sales dollar Round your answer to two decimal places. 0.18 X cents 3. How many days does the average receivable take, in a 365 year, to be paid (assuming all sales are on account)? Round your answer to nearest whole day. 64 days Foodha Tock My Wor

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