accounts receivable / please help! (not sure if the first answer I selected is correct or not.. and also need help with the rest.

Effective credit management involves establishing credit standards for extending credit to customers, determining the company's terms of credit, and setting up procedures for invoicing and collecting past-due accounts. The following statement refers to a credit management policy. Select the best term to complete the sentence. How a company handles its credit accounts, including methods of invoicing and collecting past-due accounts, is indicated by the company's Consider the case of Western Gas \& Electric Co: Western Gas \&: Electric Co.'s CFO has decided to take a doser look at the company's credit policy. Westem Gas \& Electric Co. has annual sales of $384.4 mililion, and it currently has an accounts recoivable balance of $47.2 milion. The first step in analyzing the firm's credit policy is to determine its days sales outstanding (DSO). Based on this information, Western cas a Electric cois DSo is . (Note: Use 365 days as the length of a vear in all calculations. Do not round intermediate calcilations. Round your answer to one decimal place. The ayerage Dso for western cas is flectric coly lindustry is 53.9 dayt. Assumina that its salen staved the same, what would be western cas a Electric Coss receivables balance if it maintained the industry average oso? your answer to the nearest whide dollar.) (Note: Do not round intermediate calculations. Round Westen cas a electric cois cro winks that the company has not done a very good job of enforcing les credt policy. The cro balieves that if the its sales revenue- What would Western Gas s flectic coiss expected accounts receivables balance be if it decides to tiahten its creolt policu? (Notes Do not rovind intermediate calculations. Round your answer to the nearest whole dollar.) 527,013,316 534,517,014 530,014,795 328,514,055