Multiple Choice
A company has net credit sales of $1,200,000,beginning net accounts receivable of $260,000 and ending net accounts receivable of $203,000.What is the days' sales in receivables? Use a 365-day year.(Round to the nearest day. )
A) 62 days
B) 79 days
C) 70 days
D) 141 days
Correct Answer:
Verified
Correct Answer:
Verified
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