Homework Answers
Days' sales uncollected ratio indicates no.of days taken by the company to collect their accounts receivable.
This ratio can be calculated by dividing accounts receivable by net sales and multiplying the result with 365.
Days' sales uncollected ratio = Accounts receivable / Net sales x 365
= 86,500 / 712,000 x 365
= 44.3
Hence correct option is 44.3
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