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River stone Enterprises Co. had net sales of $45,000 and ending accounts receivable of $5,200 for the current period. What is the days' sales uncollected? (Use 365 days in a year.)

River stone Enterprises Co. had net sales of $45,000 and ending accounts receivable of $5,200 for the current period. What is the days' sales uncollected? (Use 365 days in a year.)

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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River stone Enterprises Co. had net sales of $45,000 and ending accounts receivable of $5,200 for the current period. What is the days' sales uncollected? (Use 365 days in a year.)
Transcribed Image Text:River stone Enterprises Co. had net sales of $45,000 and ending accounts receivable of $5,200 for the current period. What is the days' sales uncollected? (Use 365 days in a year.)
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