Multiple Choice
The accounts receivable turnover ratio for a merchandiser is 9.7 times.Calculate the days' sales in receivables for the merchandiser.(Use 365 days in calculations as needed.Round your answer to the nearest day.)
A) 34 days
B) 38 days
C) 29 days
D) 41 days
Correct Answer:
Verified
Correct Answer:
Verified
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