A company had net sales of $21,000 and accounts receivable of $2,520 for the current period. Its days' sales uncollected equals: (Use 365 days a year.) Multiple Choice 43.8 days. 7.4 days.

Principles of Accounting Volume 1
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ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter9: Accounting For Receivables
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A company had net sales of $21,000 and accounts receivable of $2,520 for the current period. Its days' sales uncollected equals: (Use
365 days a year.)
Multiple Choice
4
43.8 days.
7.4 days.
58.9 days.
8.0 days.
45.2 days.
Transcribed Image Text:A company had net sales of $21,000 and accounts receivable of $2,520 for the current period. Its days' sales uncollected equals: (Use 365 days a year.) Multiple Choice 4 43.8 days. 7.4 days. 58.9 days. 8.0 days. 45.2 days.
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