A company has net credit sales of $1,400,000, beginning net accounts receivable of $260,000, and ending net accounts receivable of $203,000
What is the days' sales in accounts receivable? (Round any intermediate calculations to two decimal places, and your final answer to the nearest whole day.)
A) 60 days
B) 121 days
C) 53 days
D) 68 days
A .Days' sales in receivables = 365 / 6.05 = 60 days (rounded)
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