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A company has the following information. What is days sales outstanding? Average total assets $2,320,600 Average fixed assets 975,000 Total revenue 3,436,000 Cost of goods
A company has the following information. What is days sales outstanding?
Average total assets | $2,320,600 |
Average fixed assets | 975,000 |
Total revenue | 3,436,000 |
Cost of goods sold | 2,365,000 |
Average inventory | 531,745 |
Average accounts receivable | 314,785 |
Average accounts payable | 217,000 |
75.3 days
80.1 days
33.4 days
35.0 days
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