A Company Had Net Sales of $31,500 and Ending Accounts

question 171

Multiple Choice

A company had net sales of $31,500 and ending accounts receivable of $2,700 for the current period.Its days' sales uncollected is equal to:

• A)11.7 days
• B)23.3 days
• C)31.3 days
• D)42.5 days
• E)46.6 days

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Definitions:

African Americans

A racial or ethnic group in the United States with ancestry from any of the black racial groups of Africa.

Hearing Ability

The capability to perceive sound by detecting vibrations through the ear, varying widely among individuals in sensitivity and range.

Reckless Behavior

Actions undertaken without consideration of the consequences, often dangerous and demonstrating a lack of judgment.

Life Expectancy

The average number of years a person is expected to live based on demographic factors such as age, gender, and location.