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A Company Has Net Credit Sales of $94,000,beginning Net Accounts

Question 161

Multiple Choice

A company has net credit sales of $94,000,beginning net accounts receivable of $23,000 and ending net accounts receivable of $18,000.Calculate the days' sales in receivables.(Use 365 days in calculations as needed.Round any intermediate calculations to two decimal places,and your final answer to the nearest whole day.)


A) 73 days
B) 50 days
C) 91 days
D) 80 days

Correct Answer:

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