Business, 24.02.2020 18:05, dsanders20

A recent annual report for NPS contained the following data: (dollars in thousands) Current Year Previous Year Accounts receivable $ 3,667,000 $ 4,567,000 Less: Allowance for doubtful accounts 187,000 146,000 Net accounts receivable $ 3,480,000 $ 4,421,000 Net sales (assume all on credit) $ 36,397,000 Required: 1. Determine the receivables turnover ratio and average days sales in receivables for the current year. (Use 365 days a year. Do not round intermediate calculations. Enter your answers in thousands not in dollars.)

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A recent annual report for NPS contained the following data: (dollars in thousands) Current Year Pre...