MyLab Accounting with Pearson eText -- Access Card -- for Horngren's Financial & Managerial Accounting, The Managerial Chapters
MyLab Accounting with Pearson eText -- Access Card -- for Horngren's Financial & Managerial Accounting, The Managerial Chapters
6th Edition
ISBN: 9780134461724
Author: Tracie L. Miller-Nobles, Brenda L. Mattison, Ella Mae Matsumura
Publisher: PEARSON
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Chapter 15, Problem 6QC
To determine

Days’ sales in receivable: It is financial ratio used to measure the number of days the company uses to collect the accounts receivables. Use the following formula to calculate days’ sales in receivable:

Days' sales  in receivable=365daysAccounts receivables turnover ratio 

The days sales in receivable

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Chapter 15 Solutions

MyLab Accounting with Pearson eText -- Access Card -- for Horngren's Financial & Managerial Accounting, The Managerial Chapters

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