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The income statement of Pratt Inc. reports net sales of $3,749.9 million for the current year. The balance sheet reports accounts receivable, net of $486.6
The income statement of Pratt Inc. reports net sales of $3,749.9 million for the current year. The balance sheet reports accounts receivable, net of $486.6 million at December 31 of the current year and $520.2 million at December 31 of the previous year. The days sales outstanding in the current year are:
Select one:
a. 8 days
b. None of these are correct.
c. 47 days
d. 49 days
e. 7 days
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