Multiple Choice
A company has net credit sales of $92,000,beginning net accounts receivable of $20,000 and ending net accounts receivable of $16,000.Calculate the days' sales in receivables.Use a 365-day year.(Round to the nearest day. )
A) 41 days
B) 71 days
C) 73 days
D) 61 days
Correct Answer:
Verified
Correct Answer:
Verified
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