E-Shop,Inc

question 25

Multiple Choice

e-Shop,Inc.has net sales on account of $1,600,000.The average net accounts receivable are $620,000.Calculate the days' sales in receivables.(Round any intermediate calculations and your final answer to two decimal places. )

• A)313.90 days
• B)365.00 days
• C)141.47 days
• D)2.58 days

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Definitions:

Entrepreneurship

The process of designing, launching, and running a new business, usually starting as a small enterprise.

Managing

The process of organizing, planning, leading, and controlling resources and tasks to achieve specific business objectives.