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Compute the Days in Accounts Receivable Ratio. The Net Sales Revenues for the Year were $300,000 The Beginning Accounts Receivable Balance was $25,000 The Ending

Compute the Days in Accounts Receivable Ratio.

The Net Sales Revenues for the Year were $300,000

The Beginning Accounts Receivable Balance was $25,000

The Ending Accounts Receivable Balance was $50,000.

Show your Answer as a Number Only to the Closest Day, NO Decimals Commas or other symbols.

Days in Accounts Receivable = 365 / AR Turnover

AR Turnover = Sales Revenues / the Avg Acct Receivable Balance

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