Intermediate Financial Management (MindTap Course List)
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN: 9781337395083
Author: Eugene F. Brigham, Phillip R. Daves
Publisher: Cengage Learning
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Brentwood Electronics had net sales of $48,000 and
ending accounts receivable of $4,000 for the current
period. Its days' sales uncollected equals:
a. 30 days
b. 25 days
c. 40 days
d. 35 days
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Transcribed Image Text:Brentwood Electronics had net sales of $48,000 and ending accounts receivable of $4,000 for the current period. Its days' sales uncollected equals: a. 30 days b. 25 days c. 40 days d. 35 days
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