Question: Based on the following data for the current year, determine the days' sales in accounts receivable. Net sales on account during the year $1,080,000 Cost

Based on the following data for the current year, determine the days' sales in accounts receivable.

Net sales on account during the year $1,080,000
Cost of merchandise sold during the year 750,000
Accounts receivable, beginning of year 46,500
Accounts receivable, end of year 36,500
Inventory, beginning of year 170,000
Inventory, end of year 232,000

a.14.03

b.11.3

c.13.79

d.12.5

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