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 during
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 | $598,009 |
| Cost of goods sold during year | 207,944 |
| Accounts receivable, beginning of year | 46,802 |
| Accounts receivable, end of year | 45,020 |
| Inventory, beginning of year | 80,028 |
| Inventory, end of year | 110,830 |
Round your answer up to the nearest whole day.
a.127
b.28
c.58
d.68
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