Multiple Choice
A company has net sales of $800,000, 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) 110 days.
B) 41 days.
C) 36 days.
D) 32 days.
Correct Answer:
Verified
Correct Answer:
Verified
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