A Company Has Net Credit Sales of $1,012,500, Beginning Net

question 121

Multiple Choice

A company has net credit sales of $1,012,500, beginning net accounts receivable of $250,000 and ending net accounts receivable of $200,000. What is the days' sales in accounts receivable? (Round to nearest whole day.)

• A)81 days
• B)99 days
• C)93 days
• D)90 days

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Definitions:

Team Approach

A collaborative strategy involving multiple professionals working together to address a problem or execute a project.

Alterations In Mobility

Changes in a person's ability to move, which can be due to various health conditions, injuries, or aging.

Physical Therapy

A specialized form of healthcare that uses physical methods, such as exercise and massage, to treat injuries or disorders and improve movement and function.

Respiratory Therapy

Medical care specializing in the treatment, management, control, and care of patients' breathing and those with lung disorders.