Multiple Choice
The 2016 income statements of Leggett & Platt, Inc. reports net sales of $3,749.9 million. The balance sheet reports accounts receivable, net of $486.6 million at December 31, 2016 and $520.2 million at December 31, 2015.
The days sales outstanding in 2016 was:
A) 49 days
B) 10 days
C) 44 days
D) 8 days
E) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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