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  3. Study Set
    Fundamental Accounting Principles
  4. Exam
    Exam 9: Analyzing Financial Statements
  5. Question
    Jolly CoHad Net Sales of $111,500 and Accounts Receivable of $12,700
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Jolly CoHad Net Sales of $111,500 and Accounts Receivable of $12,700

Question 114

Question 114

Multiple Choice

Jolly Co.had net sales of $111,500 and accounts receivable of $12,700.Its days' sales uncollected was


A) 11.7
B) 23.3
C) 41.6
D) 42.5
E) 46.6

Correct Answer:

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