A Company Had Net Sales of $31,500 and Ending Accounts

Multiple Choice

A company had net sales of $31,500 and ending accounts receivable of $2,700 for the current period.Its days' sales uncollected is equal to:

A) 11.7 days
B) 23.3 days
C) 31.3 days
D) 42.5 days
E) 46.6 days