A Company Has Net Credit Sales of $91,000, Beginning Net

question 181

Multiple Choice

A company has net credit sales of $91,000, beginning net accounts receivable of $22,000 and ending net accounts receivable of $19,000. Calculate the days' sales in receivables. (Round any intermediate calculations to two decimal places, and your final answer to the nearest whole day.)

• A) 73 days
• B) 52 days
• C) 91 days
• D) 82 days

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Definitions:

Immigrant Population

Refers to the group of people who have moved to a country from another country to live permanently.

Incarceration Rates

The proportion of a population that is confined in prison or jail, often expressed per 100,000 individuals.

Crime Rates

The frequency or number of criminal offenses recorded in a given area or population within a specified period of time.

Climate Change

The long-term alteration of temperature and typical weather patterns in a place, often attributed to human activity.