Jones Company presents the following data for 2012. Receivables, less allowance for losses and discounts of $12,196 $ 266,700 Net Sales 2,360,108 Cost of Goods Sold 1,580,360 The days' sales in receivables is
a. 53.1.
b. 48.2.
c. 43.1.
d. 38.1.
e. 40.0.
C
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A retailer engaged in direct marketing would probably select television home shopping over online retailing to sell a new kitchen device because of
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