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.

Select all that applyThe following annual account balances are taken from ABC Co at year end.  Current Year 1 Year Ago Accounts Receivable$49,500$48,000Net Sales$580,000$535,000Days Sales Uncollected31.15 days32.74 days Select the statements below that are correct regarding ABC Co.'s ability to collect its receivables from customers.Multiple select question.ABC Co. took approximately 31 days to collect cash from its credit customers in the current year.ABC Co. has shortened the amount of time that money is tied up in receivables from 1 year ago.ABC Co. has shortened the amount of time it takes to collect receivables from customers from 1 year ago to the current year.ABC Co. has increased the amount of time it takes to collect receivables from customers from 1 year ago.

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

Net sales revenue is $730,000. Beginning and ending net accounts receivable are $62,000 and $58,000, respectively. Calculate the days to collect.Multiple choice question.23 days30 days43 days32 days

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

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