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Need help calculating the days sales outstanding picture are below Highland Products reported the following amounts in its 2019 financial statements. The 2018 amounts are

Need help calculating the days sales outstanding picture are below
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Highland Products reported the following amounts in its 2019 financial statements. The 2018 amounts are given for compa EEB (Click the icon to view the financial data ) Read the requirements Requirement 1. Compute Highland's quick (acid-test) ratio at the end of 2019. Round to two decimal places. How does th Begin by selecting the formula, then enter the amounts and compute the quick (acid-test) ratio. (Abbreviation used: Cash Cash Short-term investments+Net current receivables Total current liabilitiesQuick (acid-test) ra 101,050 107,500 0.94 How does the quick (acid-test) ratio compare to the industry average of 0.92? Highland's position is favorable compared to the industry average of 0.92 Requirement 2. Compare days' sales outstanding for 2019 with the company's credit terms of net 30 days Begin by selecting the formula, then enter the amounts to calculate the days' sales outstanding. (Round interim calculation 365 days Accounts receivable turnover 79,000 Days' sales outstanding 1217 days 365

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