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The Following Balance Sheet Information Was Provided by Western Company

Question 63

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The following balance sheet information was provided by Western Company:
The following balance sheet information was provided by Western Company: Assuming Year 2 net credit sales totaled $270,000,what was the company's average days to collect receivables? (Use 365 days in a year.Do not round your intermediate calculations. ) A) 18.25 days B) 47.31 days C) 16.22 days D) 20.28 days
Assuming Year 2 net credit sales totaled $270,000,what was the company's average days to collect receivables? (Use 365 days in a year.Do not round your intermediate calculations. )


A) 18.25 days
B) 47.31 days
C) 16.22 days
D) 20.28 days

Correct Answer:

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