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

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Definitions:

Create Tab

In software applications, a function or area where users can initiate the creation of new elements, documents, or datasets within the application.

Form Design View

A mode in database and form building applications where users can create or modify the layout and structure of a form.

Close Button

A graphical control element that closes the current window or application when clicked.

Navigation Pane

A UI component that provides users with easy access and navigation to different sections or features within an application or website.