Assume Days Sales Outstanding is 30 days and Sales are 8,000,000. What are Accounts Receivable $657,534...
Assume Days Sales Outstanding is 30 days and Sales are 8,000,000. What are Accounts Receivable
| $657,534 |
| $543,762 |
| $800,000 |
|
$742,387 |
Homework Answers
Days Sales Outstanding=(Accounts Receivable/Sales)*365 days
30=(Accounts Receivable/8,000,000)*365
Accounts Receivable=(30*8,000,000)/365
=$657,534(Approx).
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Assume Days Sales Outstanding is 30 days and Sales are
8,000,000. What are Accounts Receivable
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