Multiple Choice
A company has Net sales of $1,700,000,Beginning net receivables of $240,000 and Ending net receivables of $180,000.What is Days' sales in accounts receivable? (Please round to the nearest whole dollar.)
A) 50 days
B) 48 days
C) 45 days
D) 41 days
Correct Answer:
Verified
Correct Answer:
Verified
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