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Mariota's has annual sales of $504,800 and cost of goods sold of $328,120. The beginning accounts receivable was $44,200 and the ending receivables is $48,700.
Mariota's has annual sales of $504,800 and cost of goods sold of $328,120. The beginning accounts receivable was $44,200 and the ending receivables is $48,700. How many days on average does it take the company to collect its accounts receivable? Assume 365 days per year. Multiple Choice 30.79 days O 35.21 days 33.59 days O 31.96 days O 10.87 days
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