Greene Sisters has a DSO of 20 days. The company’s average daily sales are $20,000.What is the level of its accounts receivable? Assume there are 365 days in a year

A company has a collection period of 20 days, and an average gross accounts receivable of $100,000. What were their net sales?Select answer from the options below$3,650,000$2,000,000$1,825,000 $1,000,000

The following annual account balances are taken from ABC Co at year end.   Current yearPrevious yearAccounts Receivable$5,500$4,000Net Sales$58,000$55,000Days sales uncollected? days? days Calculate ABC Co.'s days sales uncollected for the current year.Multiple choice question.

At the end of 2019, accounts receivable amounted to $173,000. At the beginning of the year it was $174,000. Net credit sales for the year amounted to $974,000 and net income was calculated to be $186,000.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 = Answer days

Based on an aging of accounts receivables, management assigned 1% to the $100,000 of receivables 0-30 days outstanding, 5% to the $10,000 receivables 31-60 days and 20% to the $1,000 of receivables over 60 days. After making the adjusting entry the balance in the Allowance for Doubtful Accounts will equal .

Fill in the Blank QuestionFill in the blank question.A company has days' sales in accounts receivable of 25 days; days' sales in inventory of 45 days, and days' payable outstanding of 50 days. The cash conversion cycle is _.