Sleiger Company has a net accounts receivable opening balance of $216,000 and and ending balance...
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Accounting
Sleiger Company has a net accounts receivable opening balance of $216,000 and and ending balance of $216,000. The total sales amount for the year is $789,000, of which 80% is on credit.
Calculate the days sales outstanding and the accounts receivable turnover.
Do not enter dollar signs or commas in the input boxes. Round days sales outstanding to the nearest whole number. Days Sales Outstanding = Answer days Round accounts receivable turnover to 2 decimal places. Accounts Receivable Turnover = Answer times
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