A company has net credit sales of $91,000, beginning net accounts receivable of $23,000 and...

90.2K

Verified Solution

Question

Accounting

image

A company has net credit sales of $91,000, beginning net accounts receivable of $23,000 and ending net accounts receivable of $18.00 Calculate the days' sales in receivables. (Round any intermediate calculations to two decimal places, and your final answer to the newest whole day.) A. 82 days B. 91 days C. 73 days D. 52 days

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students