1. Depeche Fashion Inc. (DF Inc.) realized $785,000 worth of sales. Gross profit margin for DF Inc. is calculated as 26%. End of the year balance sheet states that DF Inc. has inventory worth $140,000 and accounts receivable worth $252,000. On average, how many days pass for the company to sell its inventory and collect its accounts receivable?

Answer rating: 100% (QA)

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