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Mariota's has annual sales of $534,900 and cost of goods sold of $347,685. The beginning accounts receivable was $44,900 and the ending receivables is $50,800.
Mariota's has annual sales of $534,900 and cost of goods sold of $347,685. The beginning accounts receivable was $44,900 and the ending receivables is $50,800. How many days on average does it take the company to collect its accounts receivable? Assume 365 days per year. Multiple Choice 30.64 days 11.18 days 34.66 days 32.65 days 29.93 days
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