Question: please help me with this question and help me with there solutions = Homework: Assignment 20 Question 1, E12-21A (similar to) Part 7 of 11

please help me with this question and help me with there solutionsplease help me with this question and help me with there solutions

= Homework: Assignment 20 Question 1, E12-21A (similar to) Part 7 of 11 > HW Score: 14.84%, 1.48 of 10 points Points: 1.48 of 3 Save The financial statements of Seasonal News, Inc., include the following items: : (Click the icon to view the financial statements.) - Data table Read the requirements 2018 2017 2016 Net credit sales / Average net receivables Acounts receivable turnover Balance sheet: 2018 $ 501,000 1 $ 76,500 6.55 Cash 41,000 $ 2017 $ 505,000 / $ 49,000 10.31 Short-term investments 16,000 75,000 67,000 22,000 78,000 e. Days' sales in average receivables or days' sales outstanding (DSO). Net receivables 20,000 Inventory 57,000 91,000 8,000 Select the formula and then enter the amounts to calculate days' sales in average receivables or days' sales outstanding (DSO). (Enter formu X.X.) 78,000 13,000 ce, Prepaid expenses / Accounts receivable turnover Total current assets 231,000 258,000 Days in year 365 Days' sales outstanding (DSO) 55.7 2018 / 6.55 Accounts payable 30,000 72,000 15,000 2017 365 10.31 35.4 Total current liabilities 139,000 98,000 Income statement: f. Accounts payable turnover and days' payable outstanding (DPO). Use cost of goods sold in the formula for accounts payable turnover. $ 505,000 Begin by selecting the formula and then enter the amounts to calculate accounts payable turnover. (Round the ratios to two decimal places, X Net credit sales Cost of goods sold 501,000 $ 272,000 283,000 / Average accounts payable Accounts payable turnover Cost of goods sold 272,000 2018 2017 283,000 Print Done

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