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Jet, Inc., has net sales of $712,478, cost of goods sold of $635,478, and accounts receivables of $167,435. What is the firm's days' sales outstanding?
Jet, Inc., has net sales of $712,478, cost of goods sold of $635,478, and accounts receivables of $167,435. What is the firm's days' sales outstanding? Is the firm more or less efficient than its competition that has 90 days sales outstanding?
85.78, less. 85.78, more. 78.50, more. 96.17, less 96.17, more
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