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Dome Metals has credit sales of $234,000 yearly with credit terms of net 30 days, which is also the average collection period. Dome does not

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Dome Metals has credit sales of $234,000 yearly with credit terms of net 30 days, which is also the average collection period. Dome does not offer a discount for eary payment, so its customers take the full 30 days to pay a. What is the average receivables balance? (Use a 360-day year.) Average recewables balance b. What is the receivables turnover?(Use a 360 day year.) times turnover

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