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    Financial Accounting Information for Decisions Study Set 3
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    Exam 6: Reporting and Analyzing Cash,fraud,and Internal Control
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    Freeman Co
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Freeman Co

Question 137

Question 137

Multiple Choice

Freeman Co.had net sales of $4.2 million and ending accounts receivable of $0.8 million.Its days' sales uncollected equals: (Use 365 days a year.)


A) 5.3 days.
B) 69.5 days.
C) 19.2 days.
D) 11.5 days.
E) 292 days.

Correct Answer:

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