tcapele1595 tcapele1595
  • 10-03-2019
  • Business
contestada

The accounts receivable turnover for the year is 9.5. net sales for the period are $100,000. what is number of days' sales are in receivable?

Respuesta :

MsTeel
MsTeel MsTeel
  • 12-03-2019

38.42 days

Days in the year/turnover rate

365/9.5

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