Question: Based on the following data for the current year, what is the number of days' sales in accounts receivable? Assume 365 days a year. Sales
Based on the following data for the current year, what is the number of days' sales in accounts receivable? Assume 365 days a year.
| Sales on account during year | $479,022 |
| Cost of goods sold during year | 220,529 |
| Accounts receivable, beginning of year | 42,536 |
| Accounts receivable, end of year | 49,773 |
| Inventory, beginning of year | 93,089 |
| Inventory, end of year | 102,231 |
74.4
77.9
35.2
168.1
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