Question: Based on the following data for the current year, what is the days' sales in receivables? Assume 365 days a year. Sales on account during
Based on the following data for the current year, what is the days' sales in receivables? Assume 365 days a year. Sales on account during year $586,078 Cost of goods sold during year 206,890 Accounts receivable, beginning of year 44,570 Accounts receivable, and of year 49,284 Inventory, beginning of year 13,738 Inventory, end of year 115,956 Round your answer up to the nearest whole day. Oa. 29 Ob. 129 O n Od. 62
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