Question
Kirk Furniture Company had net Accounts Receivable of $870,000 at the beginning of the year and $985,000 at the end of the year. Net Sales
| Kirk Furniture Company had net Accounts Receivable of $870,000 at the beginning of the year and $985,000 at the end of the year. Net Sales Revenue for 2010 was $6,620,000. What is the days to collect from customers? |
65.24 days
51.14 days
47.97 days
54.31 days
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
CPA Excel Auditing And Attestation
Authors: Robert A. Prentice
1st Edition
0977165876, 978-0977165872
