A Company Has Net Credit Sales of $92,000,beginning Net Accounts

question 45

Multiple Choice

A company has net credit sales of $92,000,beginning net accounts receivable of $20,000 and ending net accounts receivable of $16,000.Calculate the days' sales in receivables.Use a 365-day year.(Round to the nearest day. )

• A)41 days
• B)71 days
• C)73 days
• D)61 days

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