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18 Tax rate: 21% Question 18 1 1 p Arrowhead Corporation has sales of $430,000, cost of goods sold of $124,000, inventory of $16,000, and
18 Tax rate: 21%
Question 18 1 1 p Arrowhead Corporation has sales of $430,000, cost of goods sold of $124,000, inventory of $16,000, and accounts receivable of $42,000. How many days, on average, does it take the firm to collect payment from its customers? Assume 365 days in a year. O 35.7 days 74.7 days O 10.2 days O 102.4 days O 37.4 days Step by Step Solution
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