Solved

A Company Has Net Credit Sales of $1,012,500, Beginning Net

Question 121

Multiple Choice

A company has net credit sales of $1,012,500, beginning net accounts receivable of $250,000 and ending net accounts receivable of $200,000. What is the days' sales in accounts receivable? (Round to nearest whole day.)


A) 81 days
B) 99 days
C) 93 days
D) 90 days

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions