Question
A company has net credit sales of $2,000,000, a beginning balance of net receivables of $202,000, and an ending balance of net receivables of $245,000.
A company has net credit sales of $2,000,000, a beginning balance of net receivables of $202,000, and an ending balance of net receivables of $245,000. What is the company's days' sales in receivables (rounded)?
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Financial and managerial accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
1st edition
111800423X, 9781118233443, 1118016114, 9781118004234, 1118233441, 978-1118016114
