Multiple Choice
A company has net credit sales of $2,060,000,a beginning balance of net receivables of $207,000,and an ending balance of net receivables of $246,000.What is the company's days' sales outstanding? (Round any intermediary calculations to two decimal places and your final answer to the nearest day. )
A) 9 days
B) 37 days
C) 40 days
D) 44 days
Correct Answer:
Verified
Correct Answer:
Verified
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