Question
A company has net credit sales of $2,100,000, a beginning balance of net receivables of $209,000, and an ending balance of net receivables of $250,000.
A company has net credit sales of $2,100,000, a beginning balance of net receivables of $209,000, and an ending balance of net receivables of $250,000. What is the company's days' sales outstanding? (Round any intermediary calculations to two decimal places and your final answer to the nearest day.)
a. 40 days
b. 36 days
c. 9 days
d. 43 days
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A Compilation Of University Level Assignments Marketing Audit Approach
Authors: Emeka Anyaduba
1st Edition
1475098057, 978-1475098051
