Based on the Following Data for the Current Year, Determine

Multiple Choice

Based on the following data for the current year, determine the days' sales in accounts receivable. ? $\begin{array}{lr}\text { Net sales on account during the year } & \$ 1,080,000 \\\text { Cost of merchandise sold during the year } & 750,000 \\\text { Accounts receivable, beginning of year } & 46,500 \\\text { Accounts receivable, end of year } & 36,500 \\\text { Inventory, beginning of year } & 170,000 \\\text { Inventory, end of year } & 232,000\end{array}$

A) 14.03
B) 11.3
C) 13.79
D) 12.5