Tomlin Ltd's Accounts Receivable for Year Ended 31 December 2016

Multiple Choice

Tomlin Ltd's accounts receivable for year ended 31 December 2016 was $200 000.The number of days in receivables was 146 days.What were the credit sales for the year?

A) $500 000
B) $300 000
C) $80 000
D) This cannot be determined from the information provided.