Average number of days problem

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Company has net sales on account of $1,500,000. Net accounts receivable at the beginning ofthe year are $600,000 and net accounts receivable at the end of theyear are $650,000. The average number of days that accounts receivable were on the books was:

  • 8.7
  • 152
  • 304
  • 439.8

Reference no: EM13258691

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