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ncorrect Question 4 0/1 pts Libscomb Technologies' annual sales are $6,769,060 and all sales are made on credit, it purchases $3,216,553 of materials each year
ncorrect Question 4 0/1 pts Libscomb Technologies' annual sales are $6,769,060 and all sales are made on credit, it purchases $3,216,553 of materials each year (and this is its cost of goods sold). Libscomb also has $531,682 of inventory, $1,475,000 of accounts receivable, and $1,400,000 of accounts payable. Assume a 365 day year. What is Libscomb's Receivables Period (in days) 79.17
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