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  3. Study Set
    Fundamental Accounting Principles Study Set 8
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    Exam 17: Analyzing Financial Statements
  5. Question
    Jolly Co Had Net Sales of $111,500 and Accounts Receivable of of $12,700
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Jolly Co Had Net Sales of $111,500 and Accounts Receivable of of $12,700

Question 12

Question 12

Multiple Choice

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


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

Correct Answer:

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