Bird's Nest Had Net Credit Sales for the Current Period

question 92

Multiple Choice

Bird's Nest had net credit sales for the current period of $510,000 and average net receivables were $55,000.What is the days' sales outstanding? (Round any intermediary calculations to two decimal places and your final answer to the nearest day. )

• A)9 days
• B)151 days
• C)39 days
• D)30 days

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Definitions:

Étienne Chevalier

A French finance minister under King Charles VII, known for commissioning religious art from the painter Jean Fouquet.

Tonal Varieties

The range of colors and shades in art or photography, contributing to the depth, mood, and realism of the work.

Cross-Hatching

An artistic technique using closely spaced intersecting lines to create shading, texture, or tonal effect.

Incised Lines

Lines cut into a surface with a sharp instrument, used as a decorative technique in various art forms.