Business, 19.03.2021 01:00, kkpowell

A recent annual report for NPS contained the following data: (dollars in thousands) Current YearPrevious Year Accounts receivable $3,627,000 $4,637,000 Less: Allowance for doubtful accounts 186,000 152,000 Net accounts receivable $3,441,000 $4,485,000 Net sales (assume all on credit) $36,297,000 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 YearPrev...