Delta Manufacturing has net sales totalling $540,000. Beginning and ending accounts receivable are $40,000 and $42,000, respectively. Calculate days' sales in receivables. A. 25.2 days B. 27.7 days C. 32.5 days D. 35.1 days

Delta Manufacturing has net sales totalling $540,000. Beginning and ending accounts receivable are $40,000 and $42,000, respectively. Calculate days' sales in receivables. A. 25.2 days B. 27.7 days C. 32.5 days D. 35.1 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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Financial Accounting Question please answer the question

Delta Manufacturing has net sales totalling $540,000. Beginning
and ending accounts receivable are $40,000 and $42,000,
respectively. Calculate days' sales in receivables.
A. 25.2 days
B. 27.7 days
C. 32.5 days
D. 35.1 days

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