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Excel Online Structured Activity: Receivables investment perform the required analysis to answer the questions below. Open spreadsheet a . What is the days sales outstanding?
Excel Online Structured Activity: Receivables investment perform the required analysis to answer the questions below.
Open spreadsheet
a What is the days sales outstanding? Round your answer to two decimal places. Jays
b What is the average amount of receivables? Round your answer to the nearest cent. Do not round intermediate calculations.
$
c What is the percentage cost of trade credit to customers who take the discount? Round your answers to two decimal places.
calculations.
Nominal cost:
Effective cost:
answers to two decimal places. Do not round intermediate calculations.
DSO
days
Average receivables $
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