The following balance sheet information was provided by Western Company: Assuming Year 2 net credit sales totaled $270,000, what was the company's average days to collect receivables? (Use 365 days in a year. Do not round your intermediate calculations.)
A)18.25 days
B)47.31 days
C)16.22 days
D)20.28 days

Question

The following balance sheet information was provided by Western Company:  Assuming Year 2 net credit sales totaled $270,000, what was the company's average days to collect receivables? (Use 365 days in a year. Do not round your intermediate calculations.)
A)18.25 days 
B)47.31 days 
C)16.22 days 
D)20.28 days

Quizplus · Accepted Answer

The Answer of The following balance sheet information was provided by Western Company:  Assuming Year 2 net credit sales totaled $270,000, what was the company's average days to collect receivables? (Use 365 days in a year. Do not round your intermediate calculations.)
A)18.25 days 
B)47.31 days 
C)16.22 days 
D)20.28 days

The Following Balance Sheet Information Was Provided by Western Company