Business, 01.07.2020 15:01, marciamwilliamp31fz6
Using the following end-of-year information, calculate the number of days' sales in receivables for Year 2.
Year 2: Sales are $82,500; average accounts receivable is $11,000.
Year 1: Sales are $78,000; average accounts receivable is $10,000.
a. 7.8
b. 7.5
c. 46.8
d. 48.7
Answers: 2
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