A Company Has Net Sales of $850,000,Beginning Net Receivables of $230,000

question 14

Multiple Choice

A company has Net sales of $850,000,Beginning net receivables of $230,000 and Ending net receivables of $190,000.What is the days' sales in accounts receivable? (Please round to nearest whole day.)

• A) 82 days
• B) 99 days
• C) 93 days
• D) 90 days

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Definitions:

Low Score

Low score typically refers to results that fall below an expected or average range in assessments or tests.

Mode

The value that appears most frequently in a data set or distribution.

Distribution of Scores

The way in which scores are spread out or dispersed across a range in a dataset, often visualized with graphs.

Correlation Coefficients

A measure that indicates the extent to which two variables fluctuate together.