A Company Has Net Sales of $1,700,000,Beginning Net Receivables of $240,000

question 2

Multiple Choice

A company has Net sales of $1,700,000,Beginning net receivables of $240,000 and Ending net receivables of $180,000.What is Days' sales in accounts receivable? (Please round to the nearest whole dollar.)

• A) 50 days
• B) 48 days
• C) 45 days
• D) 41 days

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Definitions:

Crime Rates

The number of reported crimes within a given population and time period, often used as an indicator of the level of criminal activity.

Diversionary Measures

Actions or strategies designed to distract or divert attention from the original issue or problem.

Indigenous Persons

People native to a region, characterized by distinct cultural, social, and historical traits, often maintaining traditional practices.

Prosecution

The legal process of bringing charges against an individual or entity, aiming to secure a conviction in a court of law.