Solved

A Company Has Net Credit Sales of $1,400,000,beginning Net Accounts

Question 230

Multiple Choice

A company has net credit sales of $1,400,000,beginning net accounts receivable of $300,000,and ending net accounts receivable of $200,000.What is the days' sales in accounts receivable? (Use 365 days in calculations as needed.Round any intermediate calculations to two decimal places,and your final answer to the nearest whole day.)


A) 65 days
B) 130 days
C) 52 days
D) 78 days

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents