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The income statement of Pratt Inc. reports net sales of $3,749.9 million for the current...

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Accounting

The income statement of Pratt Inc. reports net sales of $3,749.9 million for the current year. The balance sheet reports accounts receivable, net of $535.3 million at December 31 of the current year and $572.2 million at December 31 of the previous year. The days sales outstanding in the current year are:

Group of answer choices are:

A. None of these are correct.

B. 7 days

C. 52 days

D. 54 days

E. 27 days

Answer & Explanation Solved by verified expert
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