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Accounts receivable Lesst Allowance for doubtful accounts Net accounts receivable Net sales (assume all on credit) (dollars in thousands) Current Year Previous Year $3,607,000 $

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Accounts receivable Lesst Allowance for doubtful accounts Net accounts receivable Net sales (assume all on credit) (dollars in thousands) Current Year Previous Year $3,607,000 $ 4,657,000 188,000 147,000 $ 3,419,000 $4,510,000 $ 35,197,000 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 Net sales $ 35,197,000 Numerator Denominator O times Average net trade accounts receivable Numerator Denominator Average Days Sales in Receivables 365 Receivables turnover o days

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