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The following information relevant to accounts receivable is presented for Cyberdyne Systems Company (in thousands of dollars). Calculate the accounts receivable turnover ratio, and the
The following information relevant to accounts receivable is presented for Cyberdyne Systems Company (in thousands of dollars). Calculate the accounts receivable turnover ratio, and the day sales outstanding ratio for the years 2017 and 2018. Do not enter dollar signs or commas in the input boxes. For accounts receivable turnover, round to one decimal place. For day sales outstanding, round to the nearest whole number. 2018 2017 2016 Accounts Receivable $457 $468 $325 Allowance for Doubtful Accounts $17 $17 $16 Net Credit Sales $2,778 $3,758 $3,674 Accounts Receivable Turnover (in number of times) Answer Answer Day Sales Outstanding (in days)
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