jong9779 jong9779

22-04-2022
Business

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A company has Total Assets of $135,000 including $29,000 in Accounts Receivable, and Net Sales of $380,000. Days' sales uncollected is ____ days.

Respuesta :

Parrain Parrain

25-04-2022

Based on the total assets, the amount of accounts receivables and the net sales, the days sales uncollected is 27.4 days.

What is the Days' sales uncollected?

This can be found by the formula:

= Accounts receivable / Net sales x 365 days

Solving gives:

= 29,000 / 380,000 x 365

= 27.9 days

In conclusion, the day's sales uncollected is 27.9 days.

Find out more on days sales uncollected at https://brainly.com/question/14501373.

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