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Candle Shop, Inc. has net sales on account of $1,600,000. The average net accounts receivable are $650,000. Calculate the days' sales in receivables.(Use 365
Candle Shop, Inc. has net sales on account of $1,600,000. The average net accounts receivable are $650,000. Calculate the days' sales in receivables.(Use 365 days for any calculations. Round any intermediate calculations and your final answer to two decimal places.) OA. 299.3 days OB. 148.37 days OC. 2.46 days OD. 365 days
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Intermediate Accounting Reporting and Analysis
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
2nd edition
9781305727557, 1285453824, 9781337116619, 130572755X, 978-1285453828
