Open wpreadaheet

a$.$ What is the dapl sales outstanding? Round your anawer te twe decimul places.

$$ Arro

b$.$ What is the a$-$eragt arount of recelvabies? Reund your anower to the newest cent. Do not round intermediabe calolations.

$517649464$

$$

$10\%$

Nominal cout: $7\%$

Effective cont: $3\%$ intermedate calculations.

$980=$ deyt

Average recieivables $=5$

$63164\mathrm{.}65$Recelvables investment

Credr Temms:

Discount $\%$

Discount perlad $($in days$)$

Amount due $($in diana$)$

Total sales

Number of dian in year

$10$

$\%$ of customers that take discount

and pay on disooust day

$\%$ of eutiomers that pary ater discount period

Average days after purchase

by nondscount cuttomers

$14$

$15($Caydabon of Days Sales Outstanding $($DSO$)$

Durs sales oulatanding $($DSO$)$

Caloulafton of Average Amount of Receivaties:

Average receivabies

Cost of Trade Crest

Cost $50$ decourt cuntomers

Nominel eost to nonfincount cuntomers paying lale on Day Efective cost to nondecount cuntomers paying late on Day

$54$

$54$

$$1213000\mathrm{.}00$

$365$

$\backslash$table$[[40\mathrm{.}00\%$