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Information supporting the table above is below and is used to answer the question. Sales totaled $110,000 Cost of goods sold was $82,500 Inventory days

Information supporting the table above is below and is used to answer the question.

  • Sales totaled $110,000
  • Cost of goods sold was $82,500
  • Inventory days on hand was 120
  • The average collection period was 65 days

Accounts receivable for Cole Eagan in 2013 was ________. (see table above)

Question 15 options:

a)

$14,056

b)

$19,589

c)

$14,691

d)

$18,333

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