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Ottawa, Inc. provides the following data: 2025 2024 Cash Accounts Receivable, Net Merchandise Inventory $20,000 $30,000 31,000 48,000 53,000 29,000 Property, Plant, and Equipment, Net
Ottawa, Inc. provides the following data: 2025 2024 Cash Accounts Receivable, Net Merchandise Inventory $20,000 $30,000 31,000 48,000 53,000 29,000 Property, Plant, and Equipment, Net 125,000 90,000 Total Assets $229,000 $197,000 For the year ending December 31, 2025: Net Sales Revenue $340,000 Cost of Goods Sold (180,000) Gross Profit $160,000 Calculate the days' sales in receivables for 2025. (Use 365 days for any calculations.) OA. 10.97 days OB. 33.27 days C. 8.61 days OD. 42.39 days
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