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Jones Company Presents the Following Data for 2012 The Days' Sales in Receivables Is
A)53

Question 54

Multiple Choice

Jones Company presents the following data for 2012. Receivables, less allowance for losses and discounts of $12,196 $266,700 Net Sales2,360,108 Cost of Gande Sold1,580,360\begin{array}{llcc} \text {Receivables, less allowance for losses and discounts of \( \$ 12,196 \) } & \$266,700 \\ \text { Net Sales} &2,360,108\\ \text { Cost of Gande Sold} &1,580,360\\\end{array}

The days' sales in receivables is


A) 53.1.
B) 48.2.
C) 43.1.
D) 38.1.
E) 40.0.

Correct Answer:

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