22 A company sells on credit terms of 210 n30 and has days s

A company sells on credit terms of 2/10, n/30 and has days\' sales in accounts receivable of 31 days. Its days\' sales outstanding is O A. too high. O B. too low O C. about right. O D. not able to be evaluated from the data given.

Answer

Option C. about right.

Explanation :

Its days\' sales outstanding is about right

$22 A company sells on credit terms of 2/10, n/30 and has days\' sales in accounts receivable of 31 days. Its days\' sales outstanding is O A. too high. O B. too$

22 A company sells on credit terms of 210 n30 and has days s

Solution

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