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Robin's Nest had net credit sales for the current period of $600,000 and average net receivables were $50,000. What is Robin's Nest's average daily sales

Sagot :

Parrain

Based on the credit sales and the net receivables, Robin Nest's average daily sales were $1,644.

What are the average daily sales?

Average daily sales are the estimated amount of sales made daily in a year.

It can be found by the formula:

= Net credit sales / Number of days in period

Solving gives:

= 600,000 / 365 days

= $1,644

Find out more on average daily sales at https://brainly.com/question/9327086.

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