Answer:
135.19 days
Explanation:
Given that
Accounts Receivables = $630,000
Net Credit Sales = $1,700,000
The computation of days' sales in receivables is shown below:-
= (Accounts Receivables ÷ Net Credit Sales) × 365
= ($630,000 ÷ $1,700,000) × 365
= 135.19 days
As per the question the calculation of days' sales in receivables we simply divide accounts Receivables from net credit sales and multiply with number of days.
