The Perry Company reported Accounts Receivable, Net of $66,400 at the beginning of the year and $72,700 at the end of the year If the company's net sales revenue during the fourth year was $878,000, what are the days to collect during year? (Round your intermediate calculation and final answer to 1 decimal place. Use 365 days in a year): 28.9 days 12.1 days. 8.3 days. 30.2 days.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The Perry Company reported Accounts Receivable, Net of $66,400 at the beginning of the year and $72,700
at the end of the year If the company's net sales revenue during the fourth year was $878,000, what are the
days to collect during year? (Round your intermediate calculation and final answer to 1 decimal place. Use
365 days in a year):
28.9 days
12.1 days.
8.3 days.
30.2 days.
Transcribed Image Text:The Perry Company reported Accounts Receivable, Net of $66,400 at the beginning of the year and $72,700 at the end of the year If the company's net sales revenue during the fourth year was $878,000, what are the days to collect during year? (Round your intermediate calculation and final answer to 1 decimal place. Use 365 days in a year): 28.9 days 12.1 days. 8.3 days. 30.2 days.
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