The annual sales of a company are $235,000 including sales tax at 17.5 per cent. Half of the sales are on credit terms; half are cash sales. The receivables in the balance sheet are $23,500. What are...

The annual sales of a company are $235,000 including sales tax at 17.5 per cent. Half of the sales are on credit terms; half are cash sales. The receivables in the balance sheet are $23,500.

What are the receivable days (to the nearest day)?


_____________days




Jan 08, 2022
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