The days' sales uncollected ratio is calculated by:
A) Dividing accounts receivable by net sales and multiplying the result by 365.
B) Multiplying net sales by accounts receivable and dividing the result by 365.
C) Dividing net sales by accounts receivable.
D) Dividing accounts receivable by net sales.
E) Dividing net sales by accounts receivable and multiplying the result by 365.
Correct Answer:
Verified
Q90: TechCom has net sales of $435,000 and
Q91: The days' sales uncollected ratio:
A)Is calculated by
Q92: Dell had net sales of $8,739 million
Q93: Rotel purchased merchandise from TechCom on October
Q94: MixRecording Studios purchased $7,800 in electronic components
Q96: Compaq's accounts receivable turnover rate was 5.7
Q97: A note receivable discounted with recourse is:
A)An
Q98: Accounts receivable turnover measures:
A)How often a company
Q99: The recording of accounts receivable is linked
Q100: Failure by the maker of a promissory
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