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    Fundamental Accounting Principles Study Set 6
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    Exam 8: Cash and Internal Controls
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    A Company Had Net Sales of $21,500 and Ending Accounts
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A Company Had Net Sales of $21,500 and Ending Accounts

Question 96

Question 96

Multiple Choice

A company had net sales of $21,500 and ending accounts receivable of $2,700 for the current period.Its days' sales uncollected equals:


A) 8.0 days.
B) 58.9 days.
C) 45.8 days.
D) 7.4 days.
E) 45.2 days.

Correct Answer:

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