-Refer to the Following Selected Financial Information from Marston Company

question 84

Multiple Choice

$$\begin{array} { | l | r | r | } \hline &{ \text { Year 2 } } & { \text { Year 1 } } \\\hline \text { Accounts receivable, net } & 86,500 & 82,750 \\\hline \text { Net sales } & 723,000 & 693,000 \\\hline\end{array}$$
-Refer to the following selected financial information from Marston Company.Compute the company's days' sales uncollected for Year 2.(Use 365 days a year.)

• A) 43.9.
• B) 43.7.
• C) 46.2.
• D) 85.4.
• E) 42.7.

---

Definitions:

Sherman Act

A landmark federal statute in U.S. antitrust law passed in 1890 which prohibits monopolistic practices and has been used to regulate competition among enterprises.

Reliable Guidance

Advice or instructions that are dependable and trustworthy, often based on expertise or authoritative sources.

Chicago School Theorists

Chicago School Theorists are economists and legal scholars associated with the University of Chicago, known for their advocacy of free-market principles and minimal government intervention.

Antitrust Policy

comprises laws and regulations designed to promote competition and prevent monopolies, ensuring fair business practices.