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A company had net sales of $21,500 and ending accounts receivable of $2,700 for the current period. Its days' sales uncollected equals: (Use 365 days
A company had net sales of $21,500 and ending accounts receivable of $2,700 for the current period. Its days' sales uncollected equals: (Use 365 days a year.)
A) 58.9 days. B) 45.2 days. C) 8.0 days. D) 7.4 days. E) 45.8 days.
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