Acompany has net credit sales of $1,200,000, beginning net accounts receivable of $290,000, and ending net accounts receivable of $201,000. 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.)

Days of receivable will be 75 days

Explanation:

We have given net credit sales = $1200000

Net account receivable at the beginning = $290000

And receivable at the ending = $201000

Average receivable

Now receivables turnover ratio

Days of receivables =

i'ts proportional. if the inflation rate is 12% for example, the cpi will be 12% less.

hope it ,

bioteacher101