Net sales total $803,000. Beginning and ending accounts receivable are $80,000 and $74,000, respectively. Calculate days sales
Question:
Net sales total $803,000. Beginning and ending accounts receivable are $80,000 and
$74,000, respectively. Calculate days’ sales in receivables.
a. 35 days
c. 36 days
b. 10 days
d. 34 days
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Related Book For
Financial Accounting International Financial Reporting Standards
ISBN: 9780273777809
1st Global Edition
Authors: Walter T Harrison, Charles Horngren, Bill Thomas, Themin Suwardy
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