A Company Has Net Credit Sales of $1,400,000,beginning Net Accounts

question 171

Multiple Choice

A company has net credit sales of $1,400,000,beginning net accounts receivable of $300,000,and ending net accounts receivable of $200,000.What is the days' sales in accounts receivable? (Use 365 days in calculations as needed.Round any intermediate calculations to two decimal places,and your final answer to the nearest whole day.)

• A) 65 days
• B) 130 days
• C) 52 days
• D) 78 days

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