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11. Thursday has accounts receivable of $40,000, inventory of $60,000, sales of $450,000 and cost of goods sold of $200,000. How long does it take

image text in transcribed 11. Thursday has accounts receivable of $40,000, inventory of $60,000, sales of $450,000 and cost of goods sold of $200,000. How long does it take the firm to sell its inventory and collect payment on sale? a. 109.5 days b. 120.75 days c. 121.67 days d. 141.94 days e. Other

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