Multiple Choice
Powers Company reported Net sales of $1,200,000 and Accounts Receivable,net of $78,500.The Day's sales uncollected (rounded to whole days) is:
A) 24 days.
B) 15 days.
C) 4 days.
D) 56 days.
E) 48 days.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q12: Refer to the following selected financial information
Q14: Martinez Corporation reported Net sales of $765,000
Q16: In order to be classified as an
Q19: Refer to the following selected financial information
Q21: Selected current year company information follows: <img
Q26: Financial statement analysis is the application of
Q39: The building blocks of financial statement analysis
Q74: Liquidity and efficiency are the ability to
Q113: Three of the most common tools of
Q154: The four building blocks of financial analysis