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Corona Company's balance sheet accounts follow: At December 31 2014 2013 2012 Assets Cash $59,484 $64,795 $64,830 Accounts receivable, net 111,650 87627 74,800 Merchandise inventory
Corona Company's balance sheet accounts follow: At December 31 2014 2013 2012 Assets Cash $59,484 $64,795 $64,830 Accounts receivable, net 111,650 87627 74,800 Merchandise inventory 128,736 107123 79,743 41,946 Prepaid expenses 41,731 37,077 275,470 252564 233.190 Plant assets, net Total assets $617,286 $553,840 $489,640 Liabilities and Equity Accounts payable $159,290 $118,367 $92,513 Long-term notes payable secured by mortgages on plant 137,023 139,051 120,693 assets Common stock, $10 par value 178,500 178,500 78 500 Retained earnings 142,473 117,922 97934 Total liabilities and equity $617,286 $553,840 S489,640 What is Corona Company's days' sales uncollected ratio for 2014 assuming net sales and gross profit for the period were $1,632,575, $1,091,987 respectively? O 1672 O 19.59 O 16.38 O 24.96 O 18.63
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