Question: Based on the following data for the current year, what is the number of days' sales in receivables? Sales on account during year $584,000 Cost
Based on the following data for the current year, what is the number of days' sales in receivables? Sales on account during year $584,000 Cost of goods sold during year 300,000 Accounts receivable, beginning of year 45,000 Accounts receivable, end of year 35,000 Inventory, beginning of year 90,000 Inventory, end of year 110,000 O 2.5 7.3 25 14.6
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