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    Financial Accounting Study Set 8
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    Exam 5: Short-Term Investments Receivables
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    A Company Has Net Credit Sales of $900,000,a Beginning Balance
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A Company Has Net Credit Sales of $900,000,a Beginning Balance

Question 10

Question 10

Multiple Choice

A company has net credit sales of $900,000,a beginning balance of net receivables of $70,000,and an ending balance of net receivables of $90,000.Its days' sales in receivables is:


A) 28 days.
B) 30 days.
C) 32 days.
D) 36 days.

Correct Answer:

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