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Based on the Following Data for the Current Year, What

Question 142

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Based on the following data for the current year, what is the number of days' sales in receivables
 Sales on account during year $584,000 Cost of goods sold during year 300,000 Accounts receivable, beginining of year 45,000 Accounts receivable, end of year 35,000 Inventory, beginning of year 90,000 Inventory, end of year 110,000\begin{array}{lr}\text { Sales on account during year } & \$ 584,000 \\\text { Cost of goods sold during year } & 300,000 \\\text { Accounts receivable, beginining of year } & 45,000 \\\text { Accounts receivable, end of year } & 35,000 \\\text { Inventory, beginning of year } & 90,000 \\\text { Inventory, end of year } & 110,000\end{array}


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

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