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A Company Has Net Credit Sales of $2,060,000,a Beginning Balance

question 27

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A company has net credit sales of $2,060,000,a beginning balance of net receivables of $207,000,and an ending balance of net receivables of $246,000.What is the company's days' sales outstanding? (Round any intermediary calculations to two decimal places and your final answer to the nearest day. )

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Definitions:

Theocratic

A theocratic system or government is one in which priests or religious leaders control the state, claiming divine commission or ruling in the name of a deity.

Terrorist Organization

A group involved in premeditated, politically motivated violence against noncombatant targets, usually to influence an audience.

Anarchic Organization

An organizational model characterized by a complete absence of structured hierarchy and formal rules, where decision-making and actions are decentralized.

Theocratic Group

An organization or society that is governed by religious leaders and based on religious laws.

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