A Company Has Net Credit Sales of $2,050,000, a Beginning

question 35

Multiple Choice

A company has net credit sales of $2,050,000, a beginning balance of net receivables of $207,000, and an ending balance of net receivables of $253,000. 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)41 days
• D)45 days

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Definitions:

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The degree to which an individual is dedicated to a cause, activity, relationship, or job; reflecting a sense of responsibility or loyalty.

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