Question 20 Lime, Inc. has net sales on account of $1,800,000. The average net accounts...

50.1K

Verified Solution

Question

Accounting

image
Question 20 Lime, Inc. has net sales on account of $1,800,000. The average net accounts receivable are $620,000. Calculate the days' sales in receivables. 2.90 days 125 86 days 0 365.00 days O 352.83 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