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A Company with Net Sales of $1,642,500, a Beginning Balance

Question 140

Multiple Choice

A company with net sales of $1,642,500, a beginning balance of net receivables of $187,500, and an ending balance of net receivables of $235,500 has a days' sales in receivables (rounded) of:


A) 42 days.
B) 47 days.
C) 52 days.
D) 56 days.

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