The number of days' sales uncollected is calculated by:
A) Dividing accounts receivable by net sales and multiplying by 365.
B) Dividing accounts receivable by net sales.
C) Multiplying net sales by accounts receivable and dividing by 365.
D) Dividing net sales by accounts receivable.
E) Dividing net sales by accounts receivable and multiplying by 365.
Correct Answer:
Verified
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