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Based on the Following Data for the Current Year, What

Question 140

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Based on the following data for the current year, what is the number of days' sales in accounts receivable? $584,000 Net sales on account during year 300,000 Cost of merchanclise sold churingyear 45,000 Accounts receivable, beginning of year 35,000 Accounts receivable, end of year 90,000 Inventory, begining of year 110,000 Inventory, end of year \begin{array}{ll}\$ 584,000 & \text { Net sales on account during year } \\300,000 & \text { Cost of merchanclise sold churingyear } \\45,000 & \text { Accounts receivable, beginning of year } \\35,000 & \text { Accounts receivable, end of year } \\90,000 & \text { Inventory, begining of year } \\110,000 & \text { Inventory, end of year }\end{array}


A) 7.3
B) 2.5
C) 14.6
D) 25

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