For the past year, the Company X generated $200,000 revenue and the cost of goods sold...

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For the past year, the Company X generated $200,000 revenue and the cost of goods sold was $125,000. At the end of the year, the accounts receivable and payable balances were $35,125 and $65,000, respectively. How long (in days) on average did it take the company to collect its receivables during the year? For the past year, the Company X generated $200,000 revenue and the cost of goods sold was $125,000. At the end of the year, the accounts receivable and payable balances were $35,125 and $65,000, respectively. How long (in days) on average did it take the company to collect its receivables during the year?

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