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Excerpts from Sydner Corporation's Most Recent Balance Sheet Appear Below

Question 62

Multiple Choice

Excerpts from Sydner Corporation's most recent balance sheet appear below: Excerpts from Sydner Corporation's most recent balance sheet appear below: Sales on account in Year 2 amounted to $1,390 and the cost of goods sold was $900. The average sale period for Year 2 is closest to: A) 63.0 days B) 89.2 days C) 236.3 days D) 97.3 days Sales on account in Year 2 amounted to $1,390 and the cost of goods sold was $900. The average sale period for Year 2 is closest to:


A) 63.0 days
B) 89.2 days
C) 236.3 days
D) 97.3 days

Correct Answer:

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