A company had net sales of $1,095,000 and ending accounts receivable of $146,000 for the current period. Assume 365 days in a year. What is the days' sales uncollected?
A company had net sales of $1,095,000 and ending accounts receivable of $146,000 for the current period. Assume 365 days in a year. What is the days' sales uncollected?
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 8CDQ
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Kindly help me with this General accounting questions not use chart gpt please fast given solution

Transcribed Image Text:A company had net sales of $1,095,000 and ending
accounts receivable of $146,000 for the current period.
Assume 365 days in a year.
What is the days' sales uncollected?
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