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A Company with Net Sales of $850,000, a Beginning Balance

Question 43

Multiple Choice

A company with net sales of $850,000, a beginning balance of net receivables of $230,000, and an ending balance of net receivables of $190,000 has a days' sales in accounts receivable of:


A) 99 days.
B) 82 days.
C) 92 days.
D) 90 days.

Correct Answer:

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