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AZ McEwan Industries selis on terms of 3/10, net 30. Total sales for the year are $1,305,500; 40% of the customers pay on the 10

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AZ McEwan Industries selis on terms of 3/10, net 30. Total sales for the year are $1,305,500; 40% of the customers pay on the 10 day and take discounts, while the other to say. on average, 52 days after their purchases. Assume 365 days in year for your calculations a. What is the days sales outstanding? Round your answer to two decimal places days b. What is the average amount of receivable7 Round your answer to the nearest cent. Do not round intermediate relations. c. What is the percentage cost of trade credit to customers who take the discount? Round your answers to two decimal places d. What is the percentage cost of trade credit to customers who do not take the discount and pay in 52 days Round your answers to two decimal places. Do not round intermediate calculations Nominal cost Effective costi e. What would happen to McEwan's accounts receivable it toughened up on its collection policy with the result that inondiscount customers paid on the son day? Round your answers to two decimal places. Do not round intermediate clculations Day sales outstanding (050) days Average recevable - $

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