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Consider the following information for the PVI Corporation: Credit sales $ 3 4 , 7 3 1 Cost of goods sold 2 9 , 9

Consider the following information for the PVI Corporation:
Credit sales $ 34,731
Cost of goods sold 29,963
Accounts receivable 3,270
Accounts payable 2,290
How long does it take PVI to collect on its sales? How long does PVI take to pay its suppliers? (Use 365 days a year. Do not round intermediate calculations. Round the final answers to the nearest whole number.)
Average collection period
days
Average payment period
days

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