Link, Inc.
Selected financial data ($ thousands)
	2016				2017
Income statement and related items
Sales	$	160,835			$	274,219
Cost of goods sold		141,829				209,628
Net income		(91,432	)			(257,981	)
Cash flow from operations		(35,831	)			(12,538	)
Balance sheet items
Cash	$	236,307			$	164,952
Marketable securities		209,670				22,638
Accounts receivable		12,645				21,655
Inventory		3,971				40,556
Total current assets		462,593				249,801
Accounts payable		17,735				13,962
Accrued liabilities		27,184				76,596
Total current liabilities		44,919				90,558

Please refer to the financial data for Link, Inc. above. Assume a 365-day year for your calculations. Links payables period in days, based on cost of goods sold, at the end of 2017 is

Multiple Choice

• 5.2.

• 24.3.

• 28.8.

• 35.7.

• None of the options are correct.