Cyclone Inc.reported the following figures from their financial statements for the years 2009 through 2011:
$$\begin{array} { l r r r }
& \underline { 2011 } & \underline { 2010 } & \underline { 2009 } \
\text { Net revenues } & \$ 717,422 & \$ 1,110,178 & \$ 591,786 \
\text { Gross profit } & 560,421 & 960,434 & 498,605 \
\text { Net income (net loss) } & ( 92,788 ) & 70,776 & 47,811 \
\text { Cash flow from operations } & 106,850 & 509,707 & 204,496 \
\text { Accounts receivable } & 68,648 & 90,561 & 56,454
\end{array}$$ Calculate the days' sales in receivables for 2011 and 2010:

Question

Cyclone Inc.reported the following figures from their financial statements for the years 2009 through 2011:
 $$\begin{array} { l r r r } 
& \underline { 2011 } & \underline { 2010 } & \underline { 2009 } \
\text { Net revenues } & \$ 717,422 & \$ 1,110,178 & \$ 591,786 \
\text { Gross profit } & 560,421 & 960,434 & 498,605 \
\text { Net income (net loss) } & ( 92,788 ) & 70,776 & 47,811 \
\text { Cash flow from operations } & 106,850 & 509,707 & 204,496 \
\text { Accounts receivable } & 68,648 & 90,561 & 56,454
\end{array}$$ Calculate the days' sales in receivables for 2011 and 2010:

Cyclone Inc Calculate the Days' Sales in Receivables for 2011 and 2010