Unique Media Sign Incorporated sells on account. Recently, Unique reported the following figures: 2018 2017 Net Credit Sales $ 594,920 $ 38,500 602,000 47,100 Net Receivables at end of year Read the requirements. Requirement 1. Compute Unique's days' sales in receivables for 2018. (Round to the nearest day.) First calculate the accounts receivable turnover. (Abbreviations used: AR turn = accounts receivable turnover ratio; Cash = Cash including cash equivalents; ST invest. = short-term investments. Round the accounts receivable turnover ratios to two decimals, X.XX.) V AR turn D 2018 2018 I = = D Unique Media Sign Incorporated sells on account. Recently, Unique reported the following figures: $ Net Credit Sales Net Receivables at end of year Read the requirements, 2018 594,920 $ 38,500 2017 602,000 47,100 Requirement 1. Compute Unique's days' sales in receivables for 2018. (Round to the nearest day.) First calculate the accounts receivable turnover. (Abbreviations used: AR turn = accounts receivable turnover ratio: Cash = Cash including cash equivalents; ST invest = short-term investments. Round the accounts receivable turnover ratios to two decimals, X.XX.) = AR turn 2018 385 Accounts receivable Accounts receivable turriover ratio Average net accounts receivable Cash (Cash + Net current receivables) (Cash + ST invest.) (Cash + ST invest. + Net current receivables) Total current assets Total current liabilities Nat credit sales