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RoseWind [281]
2 years ago
5

If net sales for the current year were $612,000, the firm's days' sales uncollected for the year is: (Use 365 days a year.)

Business
1 answer:
Aneli [31]2 years ago
7 0

Answer:

42 days.

Explanation

Note: The full question is attached as picture below

Account receivable turnover ratio = $612,000 / $70,422

Account receivable turnover ratio = 8.69

Account collection period = 365 / 8.69

Account collection period = 42.00230.

Thus, the firm’s sales uncollected for year is 42 days.

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Answer:

$13,000

Explanation:

<em>Rune Co.'s</em>

<em>As of December 31</em>

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6 0
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xenn [34]

Answer:

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7 0
3 years ago
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Answer:

A. Organization

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The organization section also defines how the different roles relate to each other when executing the business mandate.

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