What is the days sales collected? If net sales total $50,000, beginning accountsreceivable was $10,000, and ending accountsreceivable is 16,000, what is the days salescollected?

Days sales collected = (Average accounts receivable / Net sales) x 365 daysDays sales collected =…

Answered: If net sales total $50,000, beginning…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 9PA: Fitbands estimated sales are: What are the balances in accounts receivable for January, February,...

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If net sales total $50,000, beginning accounts receivable was $10,000, and ending accounts receivable is 16,000, what is the days sales collected?