Q2

At the end of 2010, accounts receivable amounts to $193,000. At the beginning of the year it was $201,000. Net credit sales for the year amounted to $805,000 and net income was calculated to be $230,000. Determine the days sales outstanding ratio and the accounts receivable turnover ratio. Do not enter dollar signs or commas in the input boxes. Round your answer to 2 decimal places. Days Sales Outstanding = Accounts Receivable Turnover =