Take me to the text Hoth Hotels has a net accounts receivable opening balance of $218,000...

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Take me to the text Hoth Hotels has a net accounts receivable opening balance of $218,000 and and ending balance of $157,000. The total sales amount for the year is $819,000, of which 50% 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 your answers to 1 decimal place. Days Sales Outstanding = 127 x days Accodnts Receivable Turnover = times Check Take me to the text Hoth Hotels has a net accounts receivable opening balance of $218,000 and and ending balance of $157,000. The total sales amount for the year is $819,000, of which 50% 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 your answers to 1 decimal place. Days Sales Outstanding = 127 x days Accodnts Receivable Turnover = times Check

Answer rating: 100% (QA)

Answer Days sales outstanding Average accounts recei... View the full answer