Business

Irvin Waters

18 January, 01:22

Based on the following data for the current year, what is the number of days' sales in receivable?

Net sales on account during year $578,168

Cost of goods sold during year 204,009

Accounts receivable, beginning of year 47,923

Accounts receivable, end of year 50,159

Inventory, beginning of year 87,293

Inventory, end of year 113,593

Round your answer up to the nearest whole day.

Select the correct answer.

a) 31 days

b) 72 days

c) 63 days

d) 129 days