Options:

1. Much longer than or Much shorter than

2. Offer extended payment terms to customer or sell for cash and on credit card

3. high or low

Geneva Co., Inc., an electronics and appliance chain, reported these figures in millions of dollars: .: (Click the icon to view the data.) Read the requirements. 2019 2018 Net sales......... ..................$ 523,125 5 543,125 Receivables at end of year .......... 3,860 4,510 Requirement 1. Compute Geneva's days' sales in receivables or days' sales outstanding (DSO) during 2019. (Fol Select the formula and perform the calculation for Geneva's days' sales outstanding. (Round interim calculations to next whole day.) 365 days Accounts receivable turnover = Days' sales outstandir 365 125.00 Print Done Requirement 2. Is Geneva's DSO long or short? Kurzwel Networks takes 39 days to collect its average level of receivables. Domarko Freight, the overnight shipper, takes 33 days. What causes Geneva's collection period to be so different? Geneva's collection period is Kurzwel Networks and Domarko's collection period. This is due to the fact that chain stores, like Geneva Co., typically and therefore receivables are