Multiple Choice
The number of days' sales uncollected is calculated by:
A) Dividing accounts receivable by net sales.
B) Dividing accounts receivable by net sales and multiplying by 365.
C) Dividing net sales by accounts receivable.
D) Dividing net sales by accounts receivable and multiplying by 365.
E) Multiplying net sales by accounts receivable and dividing by 365.
Correct Answer:
Verified
Correct Answer:
Verified
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