Question: PLEASE SHOW ALL WORK For its most recent year a company had Sales (all on credit) of $600,000 and Cost of Goods Sold of $400,
PLEASE SHOW ALL WORK

For its most recent year a company had Sales (all on credit) of $600,000 and Cost of Goods Sold of $400, 000. At the end of the year its Accounts Receivable amounted to $75,000 and its Inventory was $ 50,000. Accounts Payable was $5,000 and Net Income was $42,000. Calculate the Day's Sales Outstanding O 54 45 O 81 O 40
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