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The records of Marys Shoes included the following information: Accounts Receivable, 1/1 $ 75,000 Accounts Receivable, 12/31 125,000 Net Sales 850,000 Cost of Goods Sold
The records of Marys Shoes included the following information:
| Accounts Receivable, 1/1 | $ 75,000 |
|---|---|
| Accounts Receivable, 12/31 | 125,000 |
| Net Sales | 850,000 |
| Cost of Goods Sold | 400,000 |
The companys days sales uncollected is closest to:
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Financial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
IFRS 3rd edition
1118978080, 978-1119153726, 1119153727, 978-1119153702, 978-1118978085
