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    Financial Accounting Study Set 7
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    Exam 4: Cash and Receivables
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    A Company with Net Sales of $850,000,a Beginning Balance of Net
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A Company with Net Sales of $850,000,a Beginning Balance of Net

Question 28

Question 28

Multiple Choice

A company with net sales of $850,000,a beginning balance of net receivables of $230,000,and an ending balance of net receivables of $190,000 has a days' sales in receivables of:


A) 99 days
B) 92 days
C) 90 days
D) 82 days

Correct Answer:

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