A company has net credit sales of $1,400,000, beginning net accounts receivable of $260,000, and ending net accounts receivable of $203,000
What is the days' sales in accounts receivable? (Round any intermediate calculations to two decimal places, and your final answer to the nearest whole day.)
A) 60 days
B) 121 days
C) 53 days
D) 68 days
A .Days' sales in receivables = 365 / 6.05 = 60 days (rounded)
Business
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What happens if the Closing Disclosure form is outside of the one-eighth tolerance (0.125) from the initial Loan Estimate form?
A. The agent pays the difference B. The seller pays the difference. C. The borrower pays the difference. D. The lender pays the difference.
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The more simple the firm, the more the structure will need to concentrate on coordination
Indicate whether the statement is true or false
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