(Answered) Question - wechsler company has net accounts receivable

Accounting

Question - Wechsler Company has net accounts receivable opening balance of $250,000 and ending balance of $300,000. The total sales amount for the year is $1,700,000, of which 80% are on credit. Normal credit terms are 30 days. Calculate the day sales outstanding ratio and the accounts receivable turnover.

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