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Geisel, Incorporated reported net sales revenue of $ 5 1 7 , 0 0 0 in 2 0 2 1 and $ 6 2 4

Geisel, Incorporated reported net sales revenue of $517,000 in 2021 and $624,000 in 2022. The company's ending net receivables
were $119,000 at December 31,2020 and $126,000 at December 31,2021. At December 31,2022, the company had Accounts
Receivable of $142,000 and an unadjusted debit balance in its Allowance for Doubtful Accounts account of $1,100. The company
reported Bad Debt Expense of $7,330 during 2022.
Required:
00:56:41
a. Determine the net receivables at December 31,2022.
b. Calculate the receivables turnover ratio for 2021 and 2022.
c. Calculate the days to collect for 2021 and 2022.
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