e-Shop,Inc.has net sales on account of $1,500,000.The average net accounts receivable are $610,000.Calculate the days' sales in receivables.(Round your answer to two decimal places. )

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C)
Accounts receivable turnover ratio = Net credit sales / Average net accounts receivable = $1,500,000 / $610,000 = 2.46
Days' sales in receivables = 365 / Accounts receivable turnover ratio = 365 / 2.46 = 148.37

E-Shop,Inc