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The accounts receivable turnover ratio for a merchandiser is 9.6 times. Calculate the days' sales in receivables for the merchandiser. (Round your answer to the nearest day…

The accounts receivable turnover ratio for a merchandiser is 9.6 times. Calculate the days' sales in receivables for the merchandiser. (Round your answer to the nearest day…
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The accounts receivable turnover ratio for a merchandiser is 9.6 times. Calculate the days' sales in receivables for the merchandiser. (Round your answer to the nearest day.) Group of answer choices 34 days 38 days 29 days 41 days

asked
User Bedilbek
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8.6k points

1 Answer

1 vote

Answer:

38

Step-by-step explanation:

365/9.6=38.02

answered
User Schatten
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7.6k points
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