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Calculate days in accounts receivable: -Gross accounts receivable as of 12/31/17 = $600,000 -Gross billing for the year was $8,000,000 (2) Applying the formula, what

Calculate days in accounts receivable:

-Gross accounts receivable as of 12/31/17 = $600,000

-Gross billing for the year was $8,000,000

(2) Applying the formula, what is days in AR as of 12/31/17.(Use the full year of 360 days in calculation average daily revenue needed to complete the calculation)

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