Which of the following is included in the numerator of one days' sales?
A) Net sales
B) One day's sales
C) 365 days
D) Average net accounts receivable

Question

Quizplus · Accepted Answer

The numerator of the one day's sales calculation includes net sales, as it represents the total sales revenue within a specific period, excluding returns and allowances, which is crucial for determining the efficiency of a company's sales and collection in a given period.

Which of the Following Is Included in the Numerator of One