Acompany has not credit soos of $60,000, beginning not accounts receivable of $25,000 and ending net...

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Acompany has not credit soos of $60,000, beginning not accounts receivable of $25,000 and ending net accounts receivable of $

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Answer 1

Answer #1

Day's sales in receivable =	(Average accounts receivable/ Total credit sales) x 365
	($20,000/$90,000) x 365
	81	days

Average accounts receivable	$20,000
($25,000 + $15,000)/2

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Answer 2

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