Calculate the average number of days receivables

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Reference no: EM1396389

Q. The 2010 income statements of Leggett & Platt, Inc. reports net sales of $4,076.1 million in 2010 also $4,250 million in 2009. The balance sheet reports accounts also other receivables, net of $550.5 million at December 31, 2010 also $640.2 million at December 31, 2009. Calculate the average number of days which receivables were outstanding in 2009 also 2010.

Reference no: EM1396389

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