Question
Wild Cart Inc. made sales of $730,000 during Year Two. Cash of $720,000 was collected and no accounts were written off as uncollectible.The beginning balance
Wild Cart Inc. made sales of $730,000 during Year Two. Cash of $720,000 was collected and no accounts were written off as uncollectible.The beginning balance of accounts receivable was $20,000. Calculate the age of receivables of Wild Cart Inc. at the end of Year Two.
Group of answer choices
15 days
24.3 days
36.5 days
12.5 days
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Essentials Of Accounting
Authors: Leslie Breitner, Robert Anthony
11th Edition
0132744376, 978-0132744379
