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Q Search this course vity: Receivables investment McEwen industries seis on terrns oe 3/10, net 2s, Total sales for the year are $1.429,000; 40% of

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Q Search this course vity: Receivables investment McEwen industries seis on terrns oe 3/10, net 2s, Total sales for the year are $1.429,000; 40% of the customers pay on the 10th day and take discounts, w Other 60% pay, on average, sa days after their purchases. Assume 365 days in file below. Open the spreadsheet and perform the required analysis to answer the questions below year for your calculations. The data has been collected in the Microsoft Excel Onlin a. What is the days sales outstanding? Round your answer to two decimal places. days b. What is the average amount of receivables? Round your answer to the nearest cent. Do not round intermediate calculations. c. What is the percentage cost of trade credit t customers who take the discount? Round your answers t ecimal Do not d. What is the percentag e cost of trade credit to customers who do not take the discount and pay in 58 days? Round your answers to two d round intermediate calculations Nominal cost: DOLL

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