The following balance sheet information was provided by Warner Company:
Assume 2015 net credit sales totaled $150,000.The company's average days to collect receivables is closest to:
A)9 days
B)44 days
C)71 days
D)40 days

Question

The following balance sheet information was provided by Warner Company:
Assume 2015 net credit sales totaled $150,000.The company's average days to collect receivables is closest to: 
A)9 days 
B)44 days 
C)71 days 
D)40 days

Quizplus · Accepted Answer

The Answer of The following balance sheet information was provided by Warner Company:
Assume 2015 net credit sales totaled $150,000.The company's average days to collect receivables is closest to: 
A)9 days 
B)44 days 
C)71 days 
D)40 days

The Following Balance Sheet Information Was Provided by Warner Company