Days sales in receivables is computed by a. dividing net sales by 365. b. dividing 365 by

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Days’ sales in receivables is computed by

a. dividing net sales by 365.

b. dividing 365 by accounts receivable turnover.

C. dividing sales by average net accounts receivable,

d. dividing accounts receivable turnover ratio by 365.

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Financial Accounting

ISBN: 9780136060482

1st Edition

Authors: Jeffrey Waybright, Robert Kemp

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Question Posted: May 13, 2024 05:02 AM

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Days sales in receivables is computed by a. dividing net sales by 365. b. dividing 365 by

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Financial Accounting

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