Multiple Choice
A company has net credit sales of $2,000,000,a beginning balance of net receivables of $202,000,and an ending balance of net receivables of $245,000.What is the company's days' sales in receivables (rounded) ?
A) 9 days
B) 37 days
C) 41 days
D) 48 days
Correct Answer:
Verified
Correct Answer:
Verified
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