Days' sales uncollected equals 365 days divided by
A)net sales.
B)average net accounts receivable.
C)net income.
D)the receivable turnover.

Name: Days' sales uncollected equals 365 days divided by A)net sales. B)average net accounts receivable. C)net income. D)the receivable turnover.
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Question

Quizplus · Accepted Answer

Days' sales uncollected is calculated by dividing 365 days by the receivable turnover ratio, which measures how many times a company collects its average accounts receivable in a year.

Days' Sales Uncollected Equals 365 Days Divided by