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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?

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?

Principles of Accounting Volume 2
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?
Transcribed Image Text: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?
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