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Geisel, Inc. reported net sales revenue of 5521,000 in 2015 and $019,000 in 2016. The company's average net receivables were $111,000 during 2014 and 3122.000

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Geisel, Inc. reported net sales revenue of 5521,000 in 2015 and $019,000 in 2016. The company's average net receivables were $111,000 during 2014 and 3122.000 during 2015. At December 31, 2016, the company had Accounts Receivable of $145,000. and an unadjusted de Doubtful Accounts account of $1,900. The company reported Bad Debt Expense of $10.740 during bit balance in its Allowance for Required: a. Determine the net receivables at December 31. 2016. b. Calculate the receivables turnover ratio for 2015 and 2016. (Round your intermediate calculations and final answers to 1 decimal place. Use 365 days a year. ) Accounts Receivable Tunover Ratio c. Calculate the days to collect for 2015 and 2010. (Round your intermediate calculations and final answers to 1 decimal place. Use 365 days a year.) 2015 2016 Days to Collect

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