Answer:
Days sales outstanding =256 days
Average accounts receivable = $109589
Average accounts receivable = $ 98630 would decrease
Explanation:
days sales outstanding = accounts receivables / average sales per day
= (800000*0.7)/ (800000/365)
= 560000/ 2191.780822
= 255.5 days
days outstanding collection = (average accounts receivables / credit sales)*356
50 days / 365= average receivables / 800000
0.1369863014 *800000= average receivables
average receivables = 109589.0411
using same formula
days outstanding collection = (average accounts receivables / credit sales)*356
45 days /365 = average receivables / 800000
average receivables= 0.1232876712*800000 = 98630.13699