Multiple Choice
Guttery Corporation has provided the following financial data from its balance sheet:
Sales on account in Year 2 totaled $1,450,000 and cost of goods sold totaled $900,000.
-The company's average sale period for Year 2 is closest to:
A) 65.6 days
B) 226.6 days
C) 43.8 days
D) 70.6 days
Correct Answer:
Verified
Correct Answer:
Verified
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