Premier Company has net credit sales of $876,000, beginning net accounts receivable of $180,000, and ending net accounts receivable of $140,000. Calculate the days' sales in accounts receivable. (Round to nearest whole day.)

Premier Company has net credit sales of $876,000, beginning net accounts receivable of $180,000, and ending net accounts receivable of $140,000. Calculate the days' sales in accounts receivable. (Round to nearest whole day.)

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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please solve this General accounting question

Premier Company has net credit sales of $876,000,
beginning net accounts receivable of $180,000, and
ending net accounts receivable of $140,000. Calculate
the days' sales in accounts receivable. (Round to
nearest whole day.)

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