FIN303_-_FA_2024_-_RE_3067.webp
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FIN303_-_FA_2024_-_RE_3067.webp

Kizspy | Question: 11
(Choose 1 answer)
Le Baron Company has an operating cycle of 123 days. The firm's days' sales in inventory is 73 days. How much does the firm have in receivables if it has credit sales of $433,450? Round your final answer to the nearest dollar.
A. $59,377
B. $71,252
C. $47,501
D. $64,233

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