A company reported net sales of $45,600 and ending accounts receivable of $5,700 for the current period. Using 365 days in a year, calculate the company's days' sales uncollected. a. 45.66 days b. 35.88 days c. 41.60 days d. 32.45 days e. 50.36 days

A company reported net sales of $45,600 and ending accounts receivable of $5,700 for the current period. Using 365 days in a year, calculate the company's days' sales uncollected. a. 45.66 days b. 35.88 days c. 41.60 days d. 32.45 days e. 50.36 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 51E: Juroe Company provided the following income statement for last year: Juroes balance sheet as of...

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Question

Calculate the company's day's sales uncollected for this general accounting question

A company reported net sales of $45,600 and ending accounts
receivable of $5,700 for the current period. Using 365 days in a year,
calculate the company's days' sales uncollected.
a. 45.66 days
b. 35.88 days
c. 41.60 days
d. 32.45 days
e. 50.36 days

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