Question
A company had net sales of $31,000 and ending accounts receivable of $3,200 for the current period. Its days' sales uncollected equals: (Use 365 days
A company had net sales of $31,000 and ending accounts receivable of $3,200 for the current period. Its days' sales uncollected equals: (Use 365 days a year.)
9.69 days.
29.68 days.
52.98 days.
37.68 days.
48.88 days.
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Accounting For Decision Making And Control
Authors: Jerold Zimmerman
5th Edition
0072975865, 978-0072975864
