E-shop, inc. has net sales on account of $1,500,000. the average net accounts receivable are $610,000. calculate the days' sales in receivables. (round your answer to two decimalplaces.)a.897.90 daysb.148.37 daysc.365.00 daysd.2.46 days

The days' sales in receivables are B.148.37 days

Explanation:

The days' sales in receivables is calculated by using following formula:

The number of days' sales in receivables = 365/Accounts receivable turnover

In there:

Accounts receivable turnover = Net Credit Sales /Average Accounts Receivable

E-Shop, Inc. has net sales on account of $1,500,000 and average net accounts receivable of $610,000.

Accounts receivable turnover = $1,500,000/$610,000 = 2.46 times

The number of days' sales in receivables = 365/2.46 = 148.37 days

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a recipe serves 8 people, and calls for 5 lbs of apples and 2 cups of flour. you want to prepare it for 24 people. divide 24 by 8 to get 3, and then multiply your ingredients by 3.

so for 24 people, you'll need 15 lbs of apples, and 6 cups of flour.