Dahlia Corporation has a current accounts receivable balance of $335,500. Credit sales
for the year just ended were $4,737,260.
a. What is the company's receivables turnover? (Do not round intermediate
calculations and round your answer to 2 decimal places, e.g., 32.16.)
b. What is the company's days' sales in receivables? (Use 365 days a year. Do not
round intermediate calculations and round your answer to 2 decimal places, e.g.,
32.16.)
c. How long did it take on average for credit customers to pay off their accounts during
the past year? (Use 365 days a year. Do not round intermediate calculations and
round your answer to 2 decimal places, e.g., 32.16.)

What is the
a. Receivables turnover
b. Days' sales in receivables
c. Average collection period
times
days
days