Question: Based on the following data for the current year, what is the number of days' sales in receivables? Assume 365-Day year. Sales on account
Based on the following data for the current year, what is the number of days' sales in receivables? Assume 365-Day year. Sales on account during year $559,364 Cost of goods sold during year 203,260 Accounts receivable, beginning of year 49,483 Accounts receivable, end of year 48,421 Inventory, beginning of year 80,162 Inventory, end of year 106,941 Round your answer up to the nearest whole day. Oa. 133 Ob. 61 Oc. 70 Od. 32
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