Question: Based on the following data for the current year, what is the number of days' sales in accounts receivable? the answer is not 25 days

Based on the following data for the current year, what is the number of days' sales in accounts receivable? the answer is not 25 days

Net sales on account during year $584,000
Cost of merchandise sold during year 400,000
Accounts receivable, beginning of year 90,000
Accounts receivable, end of year 70,000
Inventory, beginning of year 80,000
Inventory, end of year 110,000

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