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The following information is taken from Reagan Company's December 31 balance sheet: 7 Cash and cash equivalents Accounts receivable Merchandise inventories Prepaid expenses Accounts payable
The following information is taken from Reagan Company's December 31 balance sheet: 7 Cash and cash equivalents Accounts receivable Merchandise inventories Prepaid expenses Accounts payable Notes payable Other current liabilities $ 8,919 72,922 62,862 4,600 $15,450 89,138 10,000 1:03:46 If net sales for the current year were $609,000, the firm's days' sales uncollected for the year is: (Use 365 days a year.) Multiple Choice 730 days 437 days MacBook Air ODO FI F2 80 F3 F5 A * # 3 $ 4 % 5 & 7 2 6 8 9 W E R T V
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