TechCo, Inc. has net sales on account of $2,000,000. The average net accounts receivable are $800,000. Calculate the days' sales in receivables. (Round your answer to two decimal places.) • A) 146.25 days . B) 120.25 days • C) 365.00 days • D) 180.50 days .

TechCo, Inc. has net sales on account of $2,000,000. The average net accounts receivable are $800,000. Calculate the days' sales in receivables. (Round your answer to two decimal places.) • A) 146.25 days . B) 120.25 days • C) 365.00 days • D) 180.50 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 14BEA: Last year, Nikkola Company had net sales of 2.299.500,000 and cost of goods sold of 1,755,000,000....

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Question

explain properly all the answer for General accounting question Please given fast

TechCo, Inc. has net sales on account of $2,000,000. The
average net accounts receivable are $800,000. Calculate
the days' sales in receivables. (Round your answer to
two decimal places.)
•
A) 146.25 days
.
B) 120.25 days
• C) 365.00 days
• D) 180.50 days
.

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