Based on the Following Data for the Current Year, What

question 140

Multiple Choice

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

• A) 7.3
• B) 2.5
• C) 14.6
• D) 25