A company with net sales of ($ 1,217,000), beginning net receivables of ($ 90,000), and ending net
Question:
A company with net sales of \(\$ 1,217,000\), beginning net receivables of \(\$ 90,000\), and ending net receivables of \(\$ 110,000\), has a days' sales in accounts receivable value of
a. 50 days
b. 55 days
c. 30 days
d. 33 days
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Related Book For
Financial Accounting
ISBN: 9780135433065
7th Canadian Edition
Authors: Walter Harrison, Wendy Tietz, C. Thomas, Greg Berberich, Catherine Seguin
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