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A Company Has Net Credit Sales of $95,000, Beginning Net

Question 137

Multiple Choice

A company has net credit sales of $95,000, beginning net accounts receivable of $20,000 and ending net accounts receivable of $18,000. Calculate the days' sales in receivables.


A) 60 days
B) 48 days
C) 58 days
D) 73 days

Correct Answer:

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