ABC Has Net Sales on Account of $1,200,000

question 31

Multiple Choice

ABC has net sales on account of $1,200,000. The average net account receivables are $600,000. The days' sales in receivables is:

• A) 439.8 days.
• B) 304.0 days.
• C) 182.5 days.
• D) 8.7 days.

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