A Company Has Net Credit Sales of $1,200,000,beginning Net Accounts

question 126

Multiple Choice

A company has net credit sales of $1,200,000,beginning net accounts receivable of $260,000,and ending net accounts receivable of $202,000.What is the days' sales in accounts receivable? (Round any intermediate calculations to two decimal places,and your final answer to the nearest whole day. )

• A)70 days
• B)141 days
• C)61 days
• D)79 days

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