Analyzing Accounts Receivable

Required

a$.$ Calculate days sale outstanding $($DSO$)$ for $2018$ and $2017.$

Note: Round amount $($your final answer$)$ to one decimal place $($for example, enter $6\mathrm{.}8$ for $6\mathrm{.}77555).$

b$.$ Determine the total amount that customers owe Lupin each year.

Note: Round dollar amount $($your final answer$)$ to one decimal place $($for example, enter $6\mathrm{.}8$ for $6\mathrm{.}77555).$

c$.$ What proportion of trade receivables is doubtful each year?

Note: Round percentage $($your final answer$)$ to two decimal places $($for example, enter $0\mathrm{.}66\%$ for $0\mathrm{.}6555\%).$

d$.$ From this ratio, what do we conclude about the quality of its trade receivables over time?

We can conclude that the quality of receivables has

over t