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  3. a recent annual report for nps contained the follo

A recent annual report for NPS contained the following data: $ Accounts receivable Less: Allowance...

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Accounting

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A recent annual report for NPS contained the following data: $ Accounts receivable Less: Allowance for doubtful accounts Net accounts receivable Net sales (assume all on credit) (dollars in thousands) Current Year Previous Year 3,597,000 $ 4,637, 000 186, 000 157, 000 3, 111,000 1, 180,000 $ 35, 297,000 Required: 1. Determine the receivables turnover ratio and average days sales in receivables for the current year. (Use 365 days a year. Do not round intermediate calculations. Enter your answers in thousands not in dollars.) Receivables Turnover Ratio Numerator Denominator 0 times Average Days Sales in Receivables Numerator Denominator 0 days

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