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Calculate the increase in receivable days from year 1 to year 2. Selected financial data Year 1 Year 2 Inventory 100.0 130.2 Accounts payable 62.3

Calculate the increase in receivable days from year 1 to year 2.

Selected financial data Year 1 Year 2
Inventory 100.0 130.2
Accounts payable 62.3 76.4
Sales 1,622.2 1,642.5
COGS 1,422.0 1,550.0
Net income 175.0 180.0
Accounts receivable 120.0 135.0

Select one:

2.0

1.0

3.0

5.0

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