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    Fundamental Accounting Principles Study Set 5
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    Exam 8: Cash and Internal Controls
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    A Company Had Net Sales of $31,500 and Ending Accounts
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A Company Had Net Sales of $31,500 and Ending Accounts

Question 13

Question 13

Multiple Choice

A company had net sales of $31,500 and ending accounts receivable of $2,700 for the current period. Its days' sales uncollected equals:


A) 11.7 days.
B) 23.3 days.
C) 31.3 days.
D) 42.5 days.
E) 46.6 days.

Correct Answer:

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