The accounts receivable turnover for the year is 9.5. net sales for the period are $100,000. what is number of days' sales are in receivable?

asked Jun 12, 2020 117k views

5 votes

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4 votes

38.42 days

Days in the year/turnover rate

365/9.5

C R Johnson answered Jun 18, 2020

6.1k points

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