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Net sales total $912,000. Beginning and ending accounts receivable are $95,000 and $89,000, respectively. Calculate days' sales in receivables. Help me to solve this accounting Question. A. 36.8 days B. 34.2 days C. 41 days D. 35 days

Net sales total $912,000. Beginning and ending accounts receivable are $95,000 and $89,000, respectively. Calculate days' sales in receivables. Help me to solve this accounting Question. A. 36.8 days B. 34.2 days C. 41 days D. 35 days

Managerial Accounting: The Cornerstone of Business Decision-Making
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 27BEB: Last year, Tobys Hats had net sales of 45,000,000 and cost of goods sold of 29,000,000. Tobys had...
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Net sales total $912,000. Beginning and ending accounts receivable are $95,000 and $89,000, respectively. Calculate days' sales in receivables. Help me to solve this accounting Question. A. 36.8 days B. 34.2 days C. 41 days D. 35 days
Transcribed Image Text:Net sales total $912,000. Beginning and ending accounts receivable are $95,000 and $89,000, respectively. Calculate days' sales in receivables. Help me to solve this accounting Question. A. 36.8 days B. 34.2 days C. 41 days D. 35 days
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