McEwan Industries sells on terms of $3/10,$ net $20.$ Total sales

for the year are $$1,346,500$; $40\%$ of the customers pay on the $10$th

day and take discounts, while the other $60\%$ pay, on average, $54$

days after their purchases. Assume $365$ days in year for your

calculations. The data has been collected in the Microsoft Excel

Online file below. Open the spreadsheet and perform the required

analysis to answer the questions below.$$Open spreadsheetWhat is the days sales outstanding? Round your answer to two

decimal places.$$daysWhat is the average amount of receivables? Round your answer to

the nearest cent. Do not round intermediate calculations.$$$What is the percentage cost of trade credit to customers who

take the discount? Round your answers to two decimal places.$\%$What is the percentage cost of trade credit to customers who do

not take the discount and pay in $54$ days? Round your answers to two

decimal places. Do not round intermediate calculations.Nominal cost:$\%$Effective cost:$\%$What would happen to McEwan$$s accounts receivable if it

toughened up on its collection policy with the result that all

nondiscount customers paid on the $20$th day? Round your answers to

two decimal places. Do not round intermediate calculations.DSO $=$daysAverage receivables $=$ $$$