Question: 2 : Chapter 9 EOC problems 8 - 1 8 Search this cours ent: Assignment 2 : Chapter 9 EOC problems 8 - 1 8

2: Chapter 9 EOC problems 8-18
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Problem 9-15
A firm has no cash"sales (all sales are on credit and are collected 33 days after the sale). If the receivables are $109,000, what is the level of sales? Assume there are 365 days in a year. Round your answer to the nearest dollar.
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 2: Chapter 9 EOC problems 8-18 Search this cours ent: Assignment

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