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Alpha Company would like to estimate how long it will take to realize cash from its ending inventory. For this purpose the following data are

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Alpha Company would like to estimate how long it will take to realize cash from its ending inventory. For this purpose the following data are submitted: Accounts Receivable, less allowance for doubtful accounts of $40,000 $660,000 Ending Inventory $750,000 Net Sales $5,650,000 Cost of Goods Sold $4,250,000 Days' Sales in Inventory = Ending Inventory Cost of Goods Sold / 365 Days' Sales in Receivables = Gross Receivables Net Sales/365 Required: Estimate how long it will take to realize cash from the ending inventory

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