How to count no16

Sellograph Corporation reports sales of$10M for 20% of Sel!ograph' Year 2, with a gross profit margin of 40% s sales are on credit. ales (12) tom Year 1 Year 2 S 150.000 $ 170,000 900,000 1,000,000 1,100,000 1.200.000 Inventory Accounts payable 15. Accounts receivable days outstanding at the end of Year 2 is closest to: 30.6 days B. 28.8 days C. 27.0 days D. 6.1 days 20 10-^ 16. Accounts payable days outstanding at the end of Year 2 is closest to: A 57.0 days B. 69.0 days C: 72.0 days D. 43.2 days Co 1000k 10-4