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