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Please show all steps with explanation. Easy to follow & understandable please. TB MC Qu. 03-59 Guo Marketing has sales of... Guo Marketing has sales

Please show all steps with explanation. Easy to follow & understandable please.
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TB MC Qu. 03-59 Guo Marketing has sales of... Guo Marketing has sales of $430,000, cost of goods sold of $124,000, inventory of $16,000, and accounts recelvable of $42,000. How many days, on average, does it take the firm to collect payment from its customers? Multiple Choice 357 days 10.2 days 747 days 1024 days 37.4 days

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