The records of Mary's Shoes included the following informationAccounts Receivable, 1/1Accounts Receivable, 12/31Net Sales$ 75,000125,000850,000Cost of Goods Sold400,000The company's days' sales uncollected is closest to:O 32.2 days53.7 daysO 42.9 daysO 114.1 days

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Description: The records of Mary's Shoes included the following informationAccounts Receivable, 1/1Accounts Receivable, 12/31Net Sales$ 75,000125,000850,000Cost of Goods Sold400,000The company's days' sales uncollected is closest to:O 32.2 days53.7 daysO 42.9 da

Days Sales Uncollected (DSU) is a financial ratio that measures the number of days it takes a…

Business

Accounting

The records of Mary's Shoes included the following information Accounts Receivable, 1/1 Accounts Receivable, 12/31 Net Sales $ 75,000 125,000 Cost of Goods Sold 850,000 400,000 The company's days' sales uncollected is closest to:

The records of Mary's Shoes included the following information Accounts Receivable, 1/1 Accounts Receivable, 12/31 Net Sales $ 75,000 125,000 Cost of Goods Sold 850,000 400,000 The company's days' sales uncollected is closest to:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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