A Company Has Net Credit Sales of $91,000,beginning Net Accounts

question 60

Multiple Choice

A company has net credit sales of $91,000,beginning net accounts receivable of $24,000 and ending net accounts receivable of $16,000.Calculate the days' sales in receivables.(Round any intermediate calculations to two decimal places,and your final answer to the nearest whole day. )

• A)61 days
• B)50 days
• C)91 days
• D)80 days

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Definitions:

Maneuverability

Describes the ability of an object or entity to change direction or course effectively and efficiently, often used in contexts involving vehicles or strategic planning.

Confidence

The feeling or belief in one's abilities, qualities, and judgment.

Organizational Reward System

A structure within an organization designed to motivate employees by recognizing and rewarding their performance and achievements.

Political Performance Appraisals

Evaluations of an employee's work performance that are significantly influenced by office politics or the individual's position within the organizational power structure.