Jones Company Presents the Following Data for 2012 The Days' Sales in Receivables Is
A)53

Multiple Choice

Jones Company presents the following data for 2012. $$\begin{array} { lr } \text {Receivables, less allowance for losses and discounts of \$12,196}&\$266,700\\\text {Net Sales}&2,360,108\\\text {Cost of Goods Sold}&1,580,360\\\end{array}$$ The days' sales in receivables is

A) 53.1.
B) 48.2.
C) 43.1.
D) 38.1.
E) 40.0.