Answered: Net sales total $620,000. Beginning and…

Net sales total $620,000. Beginning and ending accounts receivable are $42,000 and $50,000, respectively. Calculate days' sales in receivables. A. 24 days B. 27 days C. 29 days D. 32 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 44E: Whalen Company had net sales of 125,500,250,000. Whalen had the following balances: Required: Note:...

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Please give me answer with accounting

Net sales total $620,000. Beginning and ending accounts receivable are
$42,000 and $50,000, respectively. Calculate days' sales in receivables.
A. 24 days
B. 27 days
C. 29 days
D. 32 days

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