A company with net credit sales of $960,000, beginning net receivables of $70,000, and ending net receivables
Question:
A company with net credit sales of $960,000, beginning net receivables of $70,000, and ending net receivables of $90,000 has days’ sales outstanding closest to:
a. 37 days.
b. 30 days.
c. 34 days.
d. 41 days.
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Related Book For
Financial Accounting
ISBN: 978-0134725987
12th edition
Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.
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