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$3-$Statement Modeling Qualified Assessment Support $($Blank$).$xlsx

o$\mathrm{.}05$ MB

Forecasting Working Capital and PP&E

A business requires working capital to run its day$-$to$-$day operations, so it's important to know how efficiently the company is using these assets.

Open the attached Excel file called $3-$Statement Modeling Qualified Assessment Support $($Blank$).$ Go to the worksheet labeled: AR Days $($Blank$)$

Calculate the number of accounts receivable days, given the information in the Excel file. Assume $365$ days in the year.

$101\mathrm{.}6$ days

$45\mathrm{.}4$ days

$45\mathrm{.}7$ days

$46\mathrm{.}0$ days