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    Business
  3. Study Set
    Financial Accounting Information for Decisions
  4. Exam
    Exam 6: Reporting and Analyzing Cash and Internal Controls
  5. Question
    A Company Had $12,000 in Accounts Receivable and $320,000 in Net
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A Company Had $12,000 in Accounts Receivable and $320,000 in Net

Question 191

Question 191

True/False

A company had $12,000 in accounts receivable and $320,000 in net sales for the current period.Its days' sales uncollected is equal to 13.7 days.

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