A Company Had Net Sales of $31,500 and Ending Accounts

question 13

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 equals:

• 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:

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Cane

A stick used as an aid in walking or as a support, typically for those with impaired mobility.

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