A company with net credit sales of $960,000, beginning net receivables of $70,000, and ending net receivables

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A company with net credit sales of $960,000, beginning net receivables of $70,000, and ending net receivables of $90,000 has days’ sales outstanding closest to

a. 37 days.

b. 30 days.

c. 34 days.

d. 41 days.

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Financial Accounting

ISBN: 9780136899037

13th Edition

Authors: C. William Thomas, Wendy M Tietz

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Question Posted: Feb 13, 2023 06:03 AM

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A company with net credit sales of $960,000, beginning net receivables of $70,000, and ending net receivables

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Financial Accounting

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