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Powers Company Reported Net Sales of $1,200,000 and Accounts Receivable

Question 66

Multiple Choice

Powers Company reported Net sales of $1,200,000 and Accounts Receivable, net of $78,500. The Day's sales uncollected (rounded to whole days) is:

A) 4 days.
B) 56 days.
C) 24 days.
D) 48 days.
E) 15 days.

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