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Damron Corporation has a current accounts receivable balance of $ 3 3 7 , 5 0 0 . Credit sales for the year just ended
Damron Corporation has a current accounts receivable balance of $ Credit sales for the year just ended
were $
a What is the company's receivables turnover?
Note: Do not round intermediate calculations and round your answer to decimal places, eg
b What is the company's days' sales in receivables?
Note: Use days a year. Do not round intermediate calculations and round your answer to decimal
places, eg
c How long did it take on average for credit customers to pay off their accounts during the past year?
Note: Use days a year. Do not round intermediate calculations and round your answer to decimal
places, eg
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