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Bilt Rite has sales of $610,000 and cost of goods sold equal to 68 percent of sales. The beginning accounts receivable balance is $58,900 and

Bilt Rite has sales of $610,000 and cost of goods sold equal to 68 percent of sales. The beginning accounts receivable balance is $58,900 and the ending accounts receivable balance is $61,050. How long on average does it take the firm to collect its receivables?

35.89 days

44.09 days

41.07 days

25.98 days

26.52 days

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