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Accounts receivable Less: Allowance for doubtful accounts Net accounts receivable Net sales (assume all on credit) (dollars in thousands) Current Year Previous Year $ 3,627,000

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Accounts receivable Less: Allowance for doubtful accounts Net accounts receivable Net sales (assume all on credit) (dollars in thousands) Current Year Previous Year $ 3,627,000 $ 4,717,000 176,eee 140,000 $ 3,451,000 $ 4,577, eee $ 34,697,000 Required: 1. Determine the receivables turnover ratio and average days sales in receivables for the current year. (Use 365 days a year. Do not round intermediate calculations. Enter your answers in thousands not in dollars.) Receivables Turnover Ratio 0 times Numerator Denominator Average Days Sales in Receivables 0 days Numerator Denominator

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