Hayes Company had an average age of accounts receivable of 25 days and net credit sales of $31,000. Assume a 365 day year. What was the amount of the average net receivables?
A) $5,760
B) $1,152
C) $2,123
D) $4,000

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The Answer of Hayes Company had an average age of accounts receivable of 25 days and net credit sales of $31,000. Assume a 365 day year. What was the amount of the average net receivables?
A) $5,760
B) $1,152
C) $2,123
D) $4,000

Hayes Company Had an Average Age of Accounts Receivable of 25