Solved

A Company Has Net Credit Sales of $950,000,a Beginning Balance

Question 141

Multiple Choice

A company has net credit sales of $950,000,a beginning balance of net receivables of $71,000,and an ending balance of net receivables of $95,000.Its days' sales outstanding is: (Round any intermediary calculations to two decimal places and your final answer to the nearest day. )


A) 27 days.
B) 11 days.
C) 32 days.
D) 36 days.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions