A company with net sales of ($ 1,217,000), beginning net receivables of ($ 90,000), and ending net

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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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Financial Accounting

ISBN: 9780135433065

7th Canadian Edition

Authors: Walter Harrison, Wendy Tietz, C. Thomas, Greg Berberich, Catherine Seguin

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