Multiple Choice
The number of days' sales uncollected is calculated by
A) Dividing accounts receivable by net sales and multiplying the result by 365
B) Dividing accounts receivable by net sales
C) Dividing net sales by accounts receivable
D) Dividing net sales by accounts receivable and multiplying the result by 365
E) Multiplying net sales by accounts receivable and dividing the result by 365
Correct Answer:
Verified
Correct Answer:
Verified
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