A company has net credit sales of $1,012,500, beginning net accounts receivable of $250,000, and ending net accounts receivable of $200,000. What is the days' sales in accounts receivable? (Round to nearest whole day.) A. 81 days B. 99 days C. 93 days D. 90 days

A company has net credit sales of $1,012,500, beginning net accounts receivable of $250,000, and ending net accounts receivable of $200,000. What is the days' sales in accounts receivable? (Round to nearest whole day.) A. 81 days B. 99 days C. 93 days D. 90 days

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 14BEA: Last year, Nikkola Company had net sales of 2.299.500,000 and cost of goods sold of 1,755,000,000....

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I won't to this question answer general Accounting

A company has net credit sales of $1,012,500, beginning net accounts
receivable of $250,000, and ending net accounts receivable of
$200,000. What is the days' sales in accounts receivable? (Round to
nearest whole day.)
A. 81 days
B. 99 days
C. 93 days
D. 90 days

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