Based on the following data for the current year, what is the number of days' sales in receivables (rounded to one decimal place) ? Assume 365 days a year. Sales on account during year $546,849 Cost of goods sold during year 202,703 Accounts receivable, beginning of year 49,712 Accounts receivable, end of year 49,559 Inventory, beginning of year 87,452 Inventory, end of year 111,027
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Home » Business » Based on the following data for the current year, what is the number of days' sales in receivables (rounded to one decimal place) ? Assume 365 days a year.