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Sleiger Spa has a net accounts receivable opening balance of $183,000 and and ending balance of $179,000. The total sales amount for the year is
Sleiger Spa has a net accounts receivable opening balance of $183,000 and and ending balance of $179,000. The total sales amount for the year is $870,000, of which 70% is on credit. Calculate the days' sales outstanding and the accounts receivable turnover. 6 Do not enter dollar signs or commas in the input boxes. Round days sales outstanding to the nearest whole number. Days Sales Outstanding = days 16 Round accounts receivable turnover to 2 decimal places. 2 Accounts Receivable Turnover = times
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