Answered: North Star Appliances had net sales of…

North Star Appliances had net sales of $72,000 and ending accounts receivable of $6,000 for the current period. Its days' sales uncollected equals: a. 28.2 days b. 35.3 days c. 30.4 days d. 25.8 days

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter7: Analysis Of Financial Statements

Section: Chapter Questions

Problem 1P: Greene Sisters has a DSO of 20 days. The companys average daily sales are 20,000. What is the level...

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Question

Hello tutor provide answer this financial accounting question

North Star Appliances had net sales of $72,000 and
ending accounts receivable of $6,000 for the current
period. Its days' sales uncollected equals:
a. 28.2 days
b. 35.3 days
c. 30.4 days
d. 25.8 days

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