$\begin{array}{llcc}
\text { Net sales reverue } &\$345,000 \
\text {Cost of goods sold } &\$205,000\
\text { Average accourts receivable } &\$32,500\
\text { Average irventory } &\$9,450\
\text { Average plart, property ard equipment } &\$81,250\
\text { Average total assets } &\$130,000\
\end{array}$

-According to the above table.Calculate the company's days to collect ratio for the current year?
A)91.25
B)84.88
C)57.84
D)34.37

Question

$\begin{array}{llcc}
  \text { Net sales reverue } &\$345,000  \
 \text {Cost of goods sold  } &\$205,000\
 \text { Average accourts receivable } &\$32,500\
 \text { Average irventory } &\$9,450\
 \text { Average plart, property ard equipment } &\$81,250\
 \text { Average total assets } &\$130,000\
\end{array}$
 
-According to the above table.Calculate the company's days to collect ratio for the current year?
A)91.25
B)84.88
C)57.84
D)34.37

Quizplus · Accepted Answer

The Answer of $\begin{array}{llcc}
  \text { Net sales reverue } &\$345,000  \
 \text {Cost of goods sold  } &\$205,000\
 \text { Average accourts receivable } &\$32,500\
 \text { Average irventory } &\$9,450\
 \text { Average plart, property ard equipment } &\$81,250\
 \text { Average total assets } &\$130,000\
\end{array}$
 
-According to the above table.Calculate the company's days to collect ratio for the current year?
A)91.25
B)84.88
C)57.84
D)34.37

-According to the Above Table