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:

Benefits

Advantages or positive outcomes derived from a particular action or situation.

Audience

The group of people for whom a document, message, or piece of communication is intended.

Extrinsic Rewards

Benefits received from an external source as recognition for performing a particular action or behavior, such as money or praise.

Intrinsic Rewards

A type of motivation driven by an internal reward, such as personal satisfaction or the joy of performing a task, rather than by external factors.