Number of days sales in accounts receivable


If a firm's payment terms for sales made on account to its customers were 2/10, n30, the number of days' sales in accounts receivable would be expected to be:

A) less than 10.

B) between 10 and 25.

C) between 25 and 40.

D) over 40.

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Accounting Basics: Number of days sales in accounts receivable
Reference No:- TGS096288

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