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Candle Shop,Inc

Question 68

Multiple Choice

Candle Shop,Inc.has net sales on account of $1,700,000.The average net accounts receivable are $630,000.Calculate the days' sales in receivables.(Use 365 days for any calculations.Round any intermediate calculations and your final answer to two decimal places.)


A) 328.50 days
B) 365.00 days
C) 135.19 days
D) 2.70 days

Correct Answer:

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