Question: Return to the data in the preceding question. A year ago receivables stood at ($ 70,000), and sales for the current year total ($ 730,000).

Return to the data in the preceding question. A year ago receivables stood at \(\$ 70,000\), and sales for the current year total \(\$ 730,000\). How many days did it take you to collect your average level of receivables?

a. 45

b. 35

c. 30

d. 20

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