Use the following information to answer this question 3 12:02 Katza, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $8,750 7,390 415 $ 945 90 855 299 $ 556 Cash Accounts rec. Inventory Total Net fixed assets Total assets Katza, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 150 $ 180 Accounts payable 840 740 Long-term debt 1,580 1,565 Common stock $2,570 $2,485 Retained earnings 3,290 3,690 $5,860 $6,175 Total liab. & equity 2016 2017 $1,070 $1,185 1,640 1,270 3,220 2,940 530 789 $5,860 $6,175 What is the days' sales in receivables for 2017? Total assets $5,860 $6,175 Total liab. & equity $5,860 $6,175 What is the days' sales in receivables for 2017? Multiple Choice 43.74 days 30.87 days 32.95 days 58.53 days 30.45 days