A Company Has Net Credit Sales of $1,400,000,beginning Net Accounts

question 171

Multiple Choice

A company has net credit sales of $1,400,000,beginning net accounts receivable of $300,000,and ending net accounts receivable of $200,000.What is the days' sales in accounts receivable? (Use 365 days in calculations as needed.Round any intermediate calculations to two decimal places,and your final answer to the nearest whole day.)

• A) 65 days
• B) 130 days
• C) 52 days
• D) 78 days

---

Definitions:

Multicellularity

The state or condition of an organism being composed of multiple cells that work together, often specializing in functions, contributing to the organism's overall survival and reproduction.

Transition

A change or shift from one state, condition, or phase to another, often used in various contexts such as ecological, social, or technological changes.

Life

The condition that distinguishes organisms from inorganic objects and dead organisms, marked by growth, metabolism, reproduction, and the ability to respond to stimuli or adapt to the environment.

Isotopes

Variants of a chemical element that have the same number of protons but different numbers of neutrons in their nuclei.