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Analysis of financial data for a M amp J company shows monthly revenue and month end account receivables (in $000,000). The data for one year

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Analysis of financial data for a M amp J company shows monthly revenue and month end account receivables (in $000,000). The data for one year is shown below. How long does it take, on average, between the time a dollar is billed for a service to the time it is collected as cash from the payment (commonly known as Days in AR)? Assume 30 days in a month. Select one: 19.4 day 47 day 30 day 1.55 day

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