A company had net sales of $84,000 and accounts receivable of $6,720. Its days sales uncollected is

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A company had net sales of $84,000 and accounts receivable of $6,720. Its days’ sales uncollected is

a. 3.2 days

b. 18.4 days

c. 230.0 days

d. 29.2 days

e. 12.5 days

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Financial And Managerial Accounting

ISBN: 9781260728774

9th Edition

Authors: John J. Wild

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Question Posted: Jan 16, 2024 04:00 AM

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A company had net sales of $84,000 and accounts receivable of $6,720. Its days sales uncollected is

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Financial And Managerial Accounting

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