Question: Question 3 Based on the following data for the current year, what is the number of days' sales in accounts receivable? (HINT: # days

Question 3 Based on the following data for the current year, what is the number of days' sales in accounts receivable? (HINT: # days sales in AR- Average AR/Average Daily Sales) Net sales on account during year Cost of merchandise sold during year Accounts receivable, beginning of year Accounts receivable, end of year Inventory, beginning of year Inventory, end of year Oa. 7.3 Ob.25 Oc25 d. 14.6 $584,000 300,000 45,000 35,000 90,000 110,000

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